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Other Employee Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2018
Retirement Benefits [Abstract]  
Amounts recognized in other comprehensive earnings
Amounts recognized in other comprehensive income (loss) during the years ended December 31, 2018, 2017 and 2016, net of tax, are as follows (in thousands):
 
Year Ended December 31,
 
2018
 
2017
 
2016
Net earnings (loss)
$
(338
)
 
$
1,286

 
$
78

Prior service cost
—

 
(15
)
 
24

 
$
(338
)
 
$
1,271

 
$
102
Components of accumulated other comprehensive earnings (loss) related to the Company’s pension plans
The following table sets forth the changes in the balances of each component of accumulated other comprehensive earnings (loss) for the year ended December 31, 2018:


Pension Plans
Items

Available-For-Sale Items
 
Foreign
Currency
Items

Total
Balance, December 31, 2017

$
(344
)
 
$
(4
)
 
$
(113,012
)
 
$
(113,360
)
Other comprehensive income (loss) before reclassifications, net of tax

(338
)
 
—

 
(35,394
)
 
(35,732
)
Amounts reclassified from accumulated other comprehensive earnings (loss), net of tax

—

 
—

 
—

 
—

Net current period other comprehensive income (loss), net of tax

(338
)
 
—

 
(35,394
)
 
(35,732
)
Balance, December 31, 2018

$
(682
)
 
$
(4
)
 
$
(148,406
)
 
$
(149,092
)
Components of accumulated other comprehensive loss related to the Company’s pension plans as of December 31, 2018 and 2017 are as follows (in thousands):
 
December 31,
 
2018
 
2017
Net loss
$
(682
)
 
$
(344
)
Prior service cost
—

 
—

 
$
(682
)
 
$
(344
)
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets
A summary of the components of the net periodic pension expense for the benefit obligation and fund assets of the plans is as follows (in thousands):
 
Year Ended December 31,
 
2018
 
2017
Change in benefit obligation:
 
 
 
Benefit obligation at January 1
$
10,149

 
$
11,419

Interest costs
96

 
386

Actuarial loss (gain)
22

 
(1,720
)
Benefits paid
(6,230
)
 
(310
)
Foreign currency changes
(327
)
 
374

Benefit obligation at December 31
$
3,710

 
$
10,149

Fair value of plan assets at December 31
$
—

 
$
—

Unfunded status at December 31
$
3,710

 
$
10,149

Amounts recognized in the Consolidated Balance Sheets:
 
 
 
Current liabilities
$
293

 
$
6,262

Non-current liabilities
$
3,417

 
$
3,887
Weighted average assumptions used
The weighted average assumptions used are as follows:
 
Year Ended December 31,
 
2018
 
2017
Net periodic benefit cost:
 
 
 
SERP:
 
 
 
Discount rate
2.75
%
 
4.00
%
Rate of increase in compensation levels
n/a

 
3.00
%
Defined benefit pension plan for employees outside the United States:
 
 
 
Discount rate
1.75
%
 
2.00
%
Funded status and projected benefit obligation:
 
 
 
SERP:
 
 
 
Discount rate
3.40
%
 
2.75
%
Rate of increase in compensation levels
n/a

 
n/a

Defined benefit pension plan for employees outside the United States:
 
 
 
Discount rate
1.75
%
 
1.75
%
Benefits expected to be paid under the plans
Benefits expected to be paid under the plans are approximately (in thousands):
2019
$
418

2020
412

2021
406

2022
390

2023
386

Five years thereafter
1,266

 
$
3,278
Components of net periodic benefit cost
Components of net periodic benefit (income) cost are as follows (in thousands):
 
Year Ended December 31,
 
2018
 
2017
 
2016
Service costs
$
—

 
$
—

 
$
—

Interest costs
96

 
386

 
397

Net amortization and deferral
63

 
235

 
260

Settlement gain
(608
)
 
—

 
—

Net periodic pension (income) cost
$
(449
)
 
$
621

 
$
657
Components of net periodic benefit cost expected to be recognized from amounts in accumulated other comprehensive earnings (loss)
Components of net periodic benefit cost expected to be recognized from amounts in accumulated other comprehensive earnings (loss) during the year ending December 31, 2019 is $48,000.