Defined benefit pension obligation (Tables)

9 Months Ended

Sep. 30, 2016

Defined benefit pension obligation

Schedule of net periodic benefit cost

The net periodic benefit cost for the three and nine months ended September 30, 2016 was as follows (in thousands):

	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2016		2016
Service cost	$	365	$	503
Interest cost		29		39
Expected return on plan assets		(23)		(31)
Net periodic (benefit) cost	$	371	$	511