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Employee Benefit Plans | 3 Months Ended
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Mar. 31, 2019
Retirement Benefits [Abstract] |
Employee Benefit Plans | EMPLOYEE BENEFIT PLANS Defined Benefit Pension Plans The Company sponsors defined benefit pension plans that cover certain U.S., Canadian, German and United Kingdom employees and which provide benefits of stated amounts for each year of service of the employee. The Company uses a December 31 measurement date for the plans. The following tables provide information regarding the Company’s defined benefit pension plans summarized by U.S. and international components.
| U.S. |  | International
| Three Months Ended March 31, |  | Three Months Ended March 31,
In thousands, except percentages | 2019 |  | 2018 |  | 2019 |  | 2018
Net periodic benefit cost |  |  |  |  |  |  |
Service cost | $ | 71 |  |  | $ | 87 |  |  | $ | 611 |  |  | $ | 691 |
Interest cost | 372 |  |  | 333 |  |  | 1,711 |  |  | 1,834 |
Expected return on plan assets | (433 | ) |  | (445 | ) |  | (2,927 | ) |  | (3,466 | )
Net amortization/deferrals | 207 |  |  | 243 |  |  | 641 |  |  | 554 |
Net periodic benefit cost (credit) | $ | 217 |  |  | $ | 218 |  |  | $ | 36 |  |  | $ | (387 | )
Assumptions |  |  |  |  |  |  |
Discount Rate | 4.30 | % |  | 3.56 | % |  | 2.53 | % |  | 2.40 | %
Expected long-term rate of return | 5.35 | % |  | 5.15 | % |  | 5.01 | % |  | 5.10 | %
Rate of compensation increase | 3.00 | % |  | 3.00 | % |  | 2.60 | % |  | 2.60 | %
The Company’s funding methods are based on governmental requirements and differ from those methods used to recognize pension expense. The Company expects to contribute $6.4 million to the international plans during 2019. The Company does not expect to make contributions to the U.S. plans during 2019. Post Retirement Benefit Plans In addition to providing pension benefits, the Company has provided certain unfunded postretirement health care and life insurance benefits for a portion of North American employees. The Company is not obligated to pay health care and life insurance benefits to individuals who had retired prior to 1990. The Company uses a December 31 measurement date for all post retirement plans. The following tables provide information regarding the Company’s postretirement benefit plans summarized by U.S. and international components.
| U.S. |  | International
| Three Months Ended March 31, |  | Three Months Ended March 31,
In thousands, except percentages | 2019 |  | 2018 |  | 2019 |  | 2018
Net periodic benefit cost |  |  |  |  |  |  |
Service cost | $ | 1 |  |  | $ | 1 |  |  | $ | 2 |  |  | $ | 8 |
Interest cost | 89 |  |  | 81 |  |  | 20 |  |  | 26 |
Net amortization/deferrals | (101 | ) |  | (76 | ) |  | (22 | ) |  | (4 | )
Net periodic benefit cost | $ | (11 | ) |  | $ | 6 |  |  | $ | 0 |  |  | $ | 30 |
Assumptions |  |  |  |  |  |  |
Discount Rate | 4.17 | % |  | 3.43 | % |  | 3.49 | % |  | 3.21 | %

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- References No definition available. + Details
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- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
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