XML 57 R16.htm IDEA: XBRL DOCUMENT v3.20.1
Defined Benefit Pension Plans
3 Months Ended
Mar. 31, 2020
Defined Benefit Plan [Abstract]  
Defined Benefit Pension Plans
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 months ended March 31, 2020 and 2019 included the following components:
 
Three Months Ended
(in thousands)
March 31,
2020
 
March 31,
2019
Service cost
$
320

 
$
316

Interest cost
4,141

 
5,584

Expected return on assets
(7,018
)
 
(7,471
)
Amortization of actuarial loss
2,620

 
2,722

Net periodic cost
$
63

 
$
1,151



For the three months ended March 31, 2020 and 2019, the non-service components of net periodic pension (benefit) cost of $(257,000) and $835,000, respectively, are included in "Other (Expense) Income, net" on the unaudited Condensed Consolidated Statement of Operations. For the three month period ended March 31, 2020, the Company made contributions of $3,000,000 and $156,000 to the U.S. and U.K. defined benefit pension plans, respectively, compared with no contributions to the U.S. defined benefit plan and $193,000 to the U.K. defined benefit pension plans during the three month period ended March 31, 2019. The Company does not expect to make any additional contributions to its U.S. and U.K. plans during the remainder of 2020.