| Schedule of Funded Status |
Pension information for the years ended December 31, 2016 and 2015, is as follows: | | | | | | | | | | | | 2016 | | 2015 | Accumulated benefit obligation | | $ | 190,186 |
| | $ | 149,932 |
| Changes in projected benefit obligation: | | |
| | |
| Projected benefit obligation at beginning of year | | 194,098 |
| | 193,144 |
| Interest cost | | 3,471 |
| | 4,348 |
| Actuarial loss | | 1,702 |
| | 2,549 |
| Benefits paid | | — |
| | — |
| Service cost | | — |
| | 1,240 |
| Currency translation | | 3,897 |
| | (7,183 | ) | Projected benefit obligation at end of year | | $ | 203,168 |
| | $ | 194,098 |
| Changes in plan assets: | | |
| | |
| Fair value of plan assets at beginning of year | | $ | 126,334 |
| | $ | 120,018 |
| Actual return on plan assets | | 1,180 |
| | 3,129 |
| Benefits paid | | — |
| | — |
| Employer contributions | | 6,860 |
| | 7,864 |
| Currency translation | | 2,528 |
| | (4,677 | ) | Fair value of plan assets at end of year | | $ | 136,902 |
| | $ | 126,334 |
| Funded status | | $ | 66,266 |
| | $ | 67,764 |
|
|
| Schedule of Pension Cost |
| | | | | | | | | | Components of net periodic pension cost: | | |
| | |
| Interest cost | | $ | 3,471 |
| | $ | 4,348 |
| Expected return on plan assets | | (2,260 | ) | | (2,702 | ) | Amortization of net loss | | 3,725 |
| | 3,684 |
| Service cost | | — |
| | 1,240 |
| Net periodic pension cost | | $ | 4,936 |
| | $ | 6,570 |
|
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