Note 5 - Retirement Plans

3 Months Ended

Mar. 31, 2017

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

5.

      Retirement Plans

The following table provides the components of net periodic benefit cost for our defined benefit pension plan for the

three

-month periods ended

March

31,

2017

and

2016,

respectively (in thousands):

	Three Months Ended March 31,
	2017			2016
Interest cost	$	807		$	1,184
Expected return on plan assets		(976	)		(1,297	)
Loss amortization		84			153
Net periodic benefit cost	$	(85	)	$	40

During the

three

-months ended

March

31,

2017,

we contributed

$0.6

million to our defined benefit pension plan. During the remainder of

2017,

we expect to contribute

$1.7

million to this plan.

During the

three

-month period ended

March

31,

2017,

we contributed

$1.9

million in matching contributions to our defined contribution plan, the Gray Television, Inc. Capital Accumulation Plan. During the remainder of

2017,

we expect to contribute

$5.9

million to this plan, excluding discretionary profit-sharing contributions.