Pension Benefits

6 Months Ended

Jun. 30, 2017

Pension Benefits

Note 8. Pension Benefits

Components of Net Periodic Pension Cost (in thousands):

	U.S. Pension Plans						Non-U.S. Pension Plans
	Three months ended June 30,						Three months ended June 30,
	2017			2016			2017			2016
Service cost	$	—		$	—		$	154		$	173
Interest cost		434			438			113			151
Return on assets (expected)		(224	)		(199	)		(75	)		(68	)
Amortization of net actuarial loss		138			136			—			—
Net periodic pension cost	$	348		$	375		$	192			256
	U.S. Pension Plans						Non-U.S. Pension Plans
	Six months ended June 30,						Six months ended June 30,
	2017			2016			2017			2016
Service cost	$	—		$	—		$	308		$	346
Interest cost		867			875			226			302
Return on assets (expected)		(448	)		(397	)		(150	)		(136	)
Amortization of net actuarial loss (gain)		276			272			—			(1,897	)
Net periodic pension cost (benefit)	$	695		$	750		$	384		$	(1,385	)

Employer Contributions

No minimum funding contributions are required in 2017 under the Company’s U.S. defined benefit plan. During the three and six months ended June 30, 2017, the Company made a minimum funding contribution of $0.3 and $0.6 million, respectively, related to its Taiwan pension plan. During the three and six months ended June 30, 2016, the Company made a minimum funding contribution of zero and $9.6 million, respectively, related to its Taiwan pension plan.