RETIREMENT AND DEFERRED COMPENSATION PLANS

9 Months Ended

Sep. 30, 2016

RETIREMENT AND DEFERRED COMPENSATION PLANS

RETIREMENT AND DEFERRED COMPENSATION PLANS

NOTE 6 — RETIREMENT AND DEFERRED COMPENSATION PLANS

Components of Net Periodic Benefit Cost:


	Domestic Plans				Foreign Plans
Three Months Ended September 30,	2016		2015		2016		2015

Service cost	$	2,261	$	2,504	$	1,148	$	1,145
Interest cost		1,694		1,589		477		414
Expected return on plan assets		(2,118)		(1,898)		(550)		(449)
Amortization of net loss		820		1,351		388		420
Amortization of prior service cost		—		—		89		64
Net periodic benefit cost	$	2,657	$	3,546	$	1,552	$	1,594

	Domestic Plans				Foreign Plans
Nine Months Ended September 30,	2016		2015		2016		2015

Service cost	$	6,781	$	7,512	$	3,449	$	3,444
Interest cost		5,082		4,767		1,432		1,246
Expected return on plan assets		(6,353)		(5,693)		(1,651)		(1,351)
Amortization of net loss		2,462		4,053		1,165		1,263
Amortization of prior service cost		—		—		265		193
Net periodic benefit cost	$	7,972	$	10,639	$	4,660	$	4,795

EMPLOYER CONTRIBUTIONS

Although the Company has no minimum funding requirement, we contributed $10.0 million to our domestic defined benefit plans during the first quarter of 2016. The Company also expects to contribute approximately $4.5 million to our foreign defined benefit plans in 2016, and as of September 30, 2016, we have contributed approximately $1.5 million.