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Pension and Other Post-Retirement Benefit Plans
6 Months Ended
Jun. 30, 2017
Retirement Benefits [Abstract]  
Pension and Other Post-Retirement Benefit Plans
Pension and Other Post-Retirement Benefit Plans
We sponsor pension plans that cover certain hourly and salaried employees in the United States and United Kingdom. Each of the plans are frozen to new participants. Our policy is to make annual contributions to the plans to fund the normal cost as required by local regulations. In addition, we have a post-retirement benefit plan for certain U.S. operations, retirees and their dependents.
The components of net periodic (benefit) cost related to pension and other post-retirement benefit plans is as follows:
 
U.S. Pension Plans and Other Post-Retirement Benefit Plans
 
Non-U.S. Pension Plans
 
Three Months Ended June 30,
 
Three Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Service cost
$
33

 
$
32

 
$

 
$

Interest cost
449

 
473

 
283

 
350

Expected return on plan assets
(671
)
 
(678
)
 
(295
)
 
(389
)
Amortization of prior service cost
2

 
2

 

 

Recognized actuarial loss
89

 
81

 
120

 
54

Net (benefit) cost
$
(98
)
 
$
(90
)
 
$
108

 
$
15


 
U.S. Pension Plans and Other Post-Retirement Benefit Plans
 
Non-U.S. Pension Plans
 
Six Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Service cost
$
66

 
$
64

 
$

 
$

Interest cost
897

 
946

 
565

 
709

Expected return on plan assets
(1,342
)
 
(1,356
)
 
(590
)
 
(787
)
Amortization of prior service cost
3

 
4

 

 

Recognized actuarial loss (gain)
179

 
163

 
239

 
109

Net (benefit) cost
$
(197
)
 
$
(179
)
 
$
214

 
$
31

We expect to contribute approximately $2.9 million to our pension plans and our other post-retirement benefit plans in 2017. As of June 30, 2017, $1.5 million of contributions have been made to our pension and other post-retirement plans.