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Pension and Postretirement Benefits
6 Months Ended
Jun. 30, 2013
Compensation And Retirement Disclosure [Abstract]  
Pension and Postretirement Benefits

Note 14. Pension and Postretirement Benefits

The net periodic benefit cost of Viad’s pension and postretirement benefit plans for the three months ended June 30 included the following components:

 

     Domestic Plans              
                 Postretirement     Foreign  
     Pension Plans     Benefit Plans     Pension Plans  
     2013     2012     2013     2012     2013     2012  
                 (in thousands)              

Service cost

   $ 30      $ 27      $ 46      $ 42      $ 134      $ 122   

Interest cost

     261        290        173        227        175        183   

Expected return on plan assets

     (100     (70     —          (19     (175     (155

Amortization of prior service credit

     —          —          (225     (279     —          —     

Recognized net actuarial loss

     149        128        141        155        10        —     
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

   $ 340      $ 375      $ 135      $ 126      $ 144      $ 150   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

The net periodic benefit cost of Viad’s pension and postretirement benefit plans for the six months ended June 30 included the following components:

 

     Domestic Plans              
                 Postretirement     Foreign  
     Pension Plans     Benefit Plans     Pension Plans  
     2013     2012     2013     2012     2013     2012  
                 (in thousands)              

Service cost

   $ 60      $ 54      $ 92      $ 79      $ 271      $ 244   

Interest cost

     522        587        346        424        356        371   

Expected return on plan assets

     (200     (221     —          (41     (355     (313

Amortization of prior service credit

     —          —          (450     (557     —          —     

Recognized net actuarial loss

     298        258        282        309        20        —     
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

   $ 680      $ 678      $ 270      $ 214      $ 292      $ 302   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Viad expects to contribute $2.7 million to its funded pension plans, $1.0 million to its unfunded pension plans and $400,000 to its postretirement benefit plans in 2013. During the six months ended June 30, 2013, Viad contributed $1.8 million to its funded pension plans, $537,000 to its unfunded pension plans and $42,000 to its postretirement benefit plans.