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Pensions and Other Post-retirement Benefits
6 Months Ended
Mar. 31, 2017
Pensions and Other Post-retirement Benefits  
Pensions and Other Post-retirement Benefits

12.Pensions and Other Post-retirement Benefits

 

The following provides information at March 31, 2017 related to the Company-sponsored domestic defined benefit pension plan:

 

Components of Net Periodic Benefit Cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

March 31, 

 

March 31, 

 

 

    

2017

    

2016

    

2017

    

2016

 

 

 

 

 

 

 

 

 

 (in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest cost

 

$

975

 

$

1,115

 

$

1,950

 

$

2,231

 

Expected return on plan assets

 

 

(1,299)

 

 

(1,490)

 

 

(2,598)

 

 

(2,980)

 

Recognized net actuarial loss

 

 

575

 

 

493

 

 

1,150

 

 

986

 

Settlement

 

 

 —

 

 

1,454

 

 

 —

 

 

1,454

 

Net pension expense

 

$

251

 

$

1,572

 

$

502

 

$

1,691

 

 

Employer Contributions

 

We did not contribute to the Pension Plan during the six months ended March 31, 2017. We could make contributions for the remainder of fiscal 2017 to fund distributions in lieu of liquidating assets.