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Defined Benefit Pension Plans
 6 Months Ended
Jun. 30, 2020
Compensation And Retirement Disclosure [Abstract]  
Defined Benefit Pension Plans

6. Defined Benefit Pension Plans

Net periodic cost related to all of the Company's defined benefit pension plans recognized in the Company's unaudited Condensed Consolidated Statements of Operations for the three and six months ended June 30, 2020 and 2019 included the following components:

 

 

Three Months Ended

 

 

Six Months Ended

 

(in thousands)

 

June 30,

2020

 

 

June 30,

2019

 

 

June 30,

2020

 

 

June 30,

2019

 

Service cost

 

$

311

 

 

$

356

 

 

$

631

 

 

$

672

 

Interest cost

 

 

4,097

 

 

 

5,614

 

 

 

8,238

 

 

 

11,198

 

Expected return on assets

 

 

(6,945

)

 

 

(7,372

)

 

 

(13,963

)

 

 

(14,843

)

Amortization of actuarial loss

 

 

2,614

 

 

 

2,662

 

 

 

5,234

 

 

 

5,384

 

Net periodic cost

 

$

77

 

 

$

1,260

 

 

$

140

 

 

$

2,411

 

 

For the three months ended June 30, 2020 and 2019, the non-service components of net periodic pension (benefit) cost of $(234,000) and $904,000, respectively, are included in "Other (Expense) Income, net" on the unaudited Condensed Consolidated Statement of Operations. For the six months ended June 30, 2020 and 2019, the non-service components of net periodic pension (benefit) cost of $(491,000) and $1,739,000, respectively, are included in "Other (Expense) Income, net" on the unaudited Condensed Consolidated Statement of Operations. For the six months ended June 30, 2020, the Company made contributions of $3,000,000 and $288,000 to the U.S. and U.K. defined benefit pension plans, respectively, compared with no contributions to the U.S. defined benefit plan and $345,000 to the U.K. defined benefit pension plans during the six months ended June 30, 2019. The Company is evaluating whether to make additional contributions to its U.S. plan during the remainder of 2020 and is not expecting to make additional contributions to its U.K. plans.