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Note 5 - Retirement Plans
3 Months Ended
Mar. 31, 2016
Notes to Financial Statements  
Pension and Other Postretirement Benefits Disclosure [Text Block]
5
.     Retirement Plans
 
The following table provides the components of net periodic benefit cost for our defined benefit pension plans for the three-month periods ended March 31, 2016 and 2015, respectively (in thousands):
 
 
 
Three Months Ended March 31,
 
 
 
2016
 
 
2015
 
                 
Service cost
  $ -     $ 1,711  
Interest cost
    1,184       1,254  
Expected return on plan assets
    (1,297 )     (1,404 )
Loss amortization
    153       840  
Net periodic benefit cost
  $ 40     $ 2,401  
 
During the three months ended March 31, 2016, we contributed $0.5 million to our defined benefit pension plans. During the remainder of 2016, we expect to contribute $1.7 million to these plans.
 
During the three months ended March 31, 2016, we contributed $1.4 million in matching contributions to our defined contribution plan, the Gray Television, Inc. Capital Accumulation Plan. During the remainder of 2016, we expect to contribute $4.1 million to this plan, excluding discretionary profit-sharing contributions.