XML 34 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
Pension and Postretirement Benefits
3 Months Ended
Mar. 31, 2017
Compensation And Retirement Disclosure [Abstract]  
Pension and Postretirement Benefits

Note 16. Pension and Postretirement Benefits

The components of net periodic benefit cost of Viad’s pension and postretirement benefit plans for the three months ended March 31, 2017 and 2016 included the following:

 

 

 

Domestic Plans

 

 

 

 

 

 

 

 

 

 

 

Pension Plans

 

 

Postretirement Benefit Plans

 

 

Foreign Pension Plans

 

(in thousands)

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Service cost

 

$

9

 

 

$

10

 

 

$

30

 

 

$

36

 

 

$

130

 

 

$

119

 

Interest cost

 

 

229

 

 

 

258

 

 

 

126

 

 

 

151

 

 

 

114

 

 

 

120

 

Expected return on plan assets

 

 

(39

)

 

 

(93

)

 

 

 

 

 

 

 

 

(148

)

 

 

(137

)

Amortization of prior service credit

 

 

 

 

 

 

 

 

(111

)

 

 

(126

)

 

 

 

 

 

 

Recognized net actuarial loss

 

 

136

 

 

 

115

 

 

 

100

 

 

 

94

 

 

 

45

 

 

 

1

 

Net periodic benefit cost

 

$

335

 

 

$

290

 

 

$

145

 

 

$

155

 

 

$

141

 

 

$

103

 

 

Viad expects to contribute $1.4 million to its funded pension plans, $0.9 million to its unfunded pension plans, and $1.1 million to its postretirement benefit plans in 2017. During the three months ended March 31, 2017, Viad contributed $0.3 million to its funded pension plans, $0.2 million to its unfunded pension plans, and $0.3 million to its postretirement benefit plans.