Employee Benefit Plans

9 Months Ended

Jun. 30, 2017

(5)Employee Benefit Plans

The components of net periodic benefit cost for pension and other benefits were as follows:



Pension Benefits	Three Months Ended June 30,				Nine Months Ended June 30,
(Dollars in Thousands)	2017		2016		2017		2016
Interest cost	$	352	$	392	$	1,057	$	1,177
Expected return on plan assets		(388)		(373)		(1,163)		(1,120)
Amortization of net loss		190		141		570		422
Net periodic benefit cost	$	154	$	160	$	464	$	479

Other Benefits	Three Months Ended June 30,				Nine Months Ended June 30,
(Dollars in Thousands)	2017		2016		2017		2016
Service cost	$	16	$	15	$	48	$	45
Interest cost		9		10		26		29
Amortization of net gain		-		(3)		-		(11)
Net periodic benefit cost	$	25	$	22	$	74	$	63

The Company, under the IRS minimum funding standards, has no required contributions to make to its defined benefit pension plan during fiscal 2017.

The Company sponsors a 401(k) retirement savings plan covering substantially all of the U.S. full-time employees in the Company’s Radiation Measurement segment as well as substantially all of the employees in the Company’s Medical Physics segment, and prior to its divestiture, the Medical Products segment. The Company also maintains a supplemental defined contribution plan for certain executives, which allows participating executives to make voluntary deferrals and provides for employer contributions at the discretion of the Company. Amounts expensed for Company contributions under these plans during the three months ended June 30, 2017 and 2016 were $483 and $494, respectively. Amounts expensed for Company contributions under these plans during the nine months ended June 30, 2017 and 2016 were $1,514 and $1,412, respectively.

LANDAUER INC 10-Q