XML 30 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1
EMPLOYEE BENEFIT PLANS
 6 Months Ended
Jun. 30, 2017
Compensation and Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block] EMPLOYEE BENEFIT PLANS
The Company has three frozen defined benefit pension plans covering certain employees or former employees of three U.S. subsidiaries. The Company also has pension plans covering certain employees of several foreign subsidiaries. The Company also sponsors a number of defined contribution plans in the U.S. and at foreign subsidiaries. The Company contributed approximately $1.4 million to the pension plans during the six months ended June 30, 2017, and expects to contribute approximately $1.9 million to the pension plans during the remainder of 2017.
 
The components of net periodic pension cost consisted of the following for the periods set forth below (amounts in thousands):
 
Three months ended
 
Six months ended
 
June 30,
 
June 30,
 
2017
 
2016
 
2017
 
2016
Service cost
$
128

 
$
206

 
$
353

 
$
312

Interest cost
1,163

 
1,233

 
2,334

 
2,470

Expected return on assets
(1,368
)
 
(1,395
)
 
(2,737
)
 
(2,788
)
Amortization of unrecognized prior service cost
34

 
34

 
68

 
68

Amortization of net unrecognized loss
655

 
762

 
1,329

 
1,527

      Net periodic pension cost
$
612

 
$
840

 
$
1,347

 
$
1,589