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Employee Benefit Plans
 3 Months Ended
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
%