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Employee Benefit Plans (Q3) (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2018
Dec. 31, 2017
Defined Benefit Pension Plans    
Defined Benefit Plan Disclosure [Line Items]    
Components of Net Periodic Benefit Cost
The following tables provide information regarding the Company’s defined benefit pension plans summarized by U.S. and international components.
 
           
 
 
U.S.
  
International
 
 
 
Three Months Ended September 30,
  
Three Months Ended September 30,
 
In thousands, except percentages
 
2018
  
2017
  
2018
  
2017
 
Net periodic benefit cost
            
Service cost
 
$
87
  
$
86
  
$
691
  
$
614
 
Interest cost
  
333
   
356
   
1,834
   
1,677
 
Expected return on plan assets
  
(445
)
  
(433
)
  
(3,466
)
  
(2,910
)
Net amortization/deferrals
  
243
   
248
   
554
   
685
 
Net periodic benefit cost (credit)
 
$
218
  
$
257
  
$
(387
)
 
$
66
 

 
           
 
 
U.S.
  
International
 
 
 
Nine Months Ended
September 30,
  
Nine Months Ended
September 30,
 
In thousands, except percentages
 
2018
  
2017
  
2018
  
2017
 
Net periodic benefit cost
            
Service cost
 
$
261
  
$
258
  
$
2,073
  
$
1,842
 
Interest cost
  
999
   
1,068
   
5,502
   
5,031
 
Expected return on plan assets
  
(1,335
)
  
(1,299
)
  
(10,398
)
  
(8,730
)
Net amortization/deferrals
  
729
   
744
   
1,662
   
2,055
 
Net periodic benefit cost (credit)
 
$
654
  
$
771
  
$
(1,161
)
 
$
198
 

 
            
Assumptions
            
Discount Rate
  
3.56
%
  
3.95
%
  
2.40
%
  
2.51
%
Expected long-term rate of return
  
5.15
%
  
4.95
%
  
5.10
%
  
4.93
%
Rate of compensation increase
  
3.00
%
  
3.00
%
  
2.60
%
  
2.54
%
The following tables provide information regarding the Company’s defined benefit pension plans summarized by U.S. and international components.
 
Obligations and Funded Status
 
  U.S.  International 
In thousands 2017  2016  2017  2016 
Change in projected benefit obligation                
Obligation at beginning of year $(45,512) $(46,120) $(319,551) $(195,311)
Opening balance sheet adjustment        (5,321)   
Service cost  (344)  (337)  (2,740)  (1,379)
Interest cost  (1,422)  (1,475)  (7,310)  (5,774)
Employee contributions        (880)  (195)
Plan curtailments and amendments        4,153   2,061 
Benefits paid  3,079   3,893   12,906   9,427 
Acquisition           (114,242)
Actuarial gain (loss)  (14)  (1,473)  (3,009)  (33,330)
Effect of currency rate changes        (31,265)  19,192 
Obligation at end of year $(44,213) $(45,512) $(353,017) $(319,551)
Change in plan assets                
Fair value of plan assets at beginning of year $35,802  $37,640  $241,283  $168,069 
Opening balance sheet adjustment        2,058    
Actual return on plan assets  4,223   2,055   19,102   20,066 
Employer contributions  486      13,479   6,933 
Employee contributions        880   195 
Benefits paid  (3,079)  (3,893)  (12,905)  (9,427)
Acquisition           70,519 
Settlements            (4,523)    
Effect of currency rate changes        22,228   (15,072)
Fair value of plan assets at end of year $37,432  $35,802  $281,602  $241,283 
Funded status                
Fair value of plan assets $37,432  $35,802  $281,602  $241,283 
Benefit obligations  (44,213)  (45,512)  (353,017)  (319,551)
Funded status $(6,781) $(9,710) $(71,415) $(78,268)
Amounts recognized in the statement of financial position consist of:                
Noncurrent assets $  $  $10,577  $7,130 
Current liabilities        (2,158)  (2,042)
Noncurrent liabilities  (6,781)  (9,710)  (79,834)  (83,356)
Net amount recognized $(6,781) $(9,710) $(71,415) $(78,268)
Amounts recognized in accumulated other comprehensive income (loss) consist of:                
Prior service cost  (6)  (8)  (32)  (56)
Net actuarial loss  (20,418)  (23,884)  (54,043)  (56,411)
Net amount recognized $(20,424) $(23,892) $(54,075) $(56,467)
Other Postretirement Benefit Plan    
Defined Benefit Plan Disclosure [Line Items]    
Components of Net Periodic Benefit Cost
The following tables provide information regarding the Company’s postretirement benefit plans summarized by U.S. and international components.
 
           
 
 
U.S.
  
International
 
 
 
Three Months Ended September 30,
  
Three Months Ended September 30,
 
In thousands, except percentages
 
2018
  
2017
  
2018
  
2017
 
Net periodic benefit cost
            
Service cost
 
$
1
  
$
1
  
$
8
  
$
7
 
Interest cost
  
81
   
88
   
26
   
24
 
Net amortization/deferrals
  
(76
)
  
(73
)
  
(4
)
  
(7
)
Net periodic benefit cost
 
$
6
  
$
16
  
$
30
  
$
24
 

 
           
 
 
U.S.
  
International
 
 
 
Nine Months Ended
September 30,
  
Nine Months Ended
September 30,
 
In thousands, except percentages
 
2018
  
2017
  
2018
  
2017
 
Net periodic benefit cost
            
Service cost
 
$
3
  
$
3
  
$
24
  
$
21
 
Interest cost
  
243
   
264
   
78
   
72
 
Net amortization/deferrals
  
(228
)
  
(219
)
  
(12
)
  
(21
)
Net periodic benefit cost
 
$
18
  
$
48
  
$
90
  
$
72
 

 
           
Assumptions
            
Discount Rate
  
3.43
%
  
3.76
%
  
3.21
%
  
3.46
%
The following tables provide information regarding the Company’s post retirement benefit plans summarized by U.S. and international components.
 
Obligations and Funded Status
  
U.S.   
  
International   
 
In thousands
 
2017
  
2016
  
2017
  
2016
 
Change in projected benefit obligation
            
Obligation at beginning of year
 
$
(11,876
)
 
$
(12,959
)
 
$
(3,425
)
 
$
(3,290
)
Service cost
  
(5
)
  
(4
)
  
(28
)
  
(29
)
Interest cost
  
(350
)
  
(389
)
  
(98
)
  
(99
)
Plan amendments
  
   
6
   
   
 
Benefits paid
  
970
   
720
   
199
   
133
 
Acquisition
  
   
(143
)
  
   
 
Actuarial gain (loss)
  
(84
)
  
893
   
(131
)
  
(42
)
Effect of currency rate changes
  
   
   
(237
)
  
(98
)
Obligation at end of year
 
$
(11,345
)
 
$
(11,876
)
 
$
(3,720
)
 
$
(3,425
)
Change in plan assets
                
Fair value of plan assets at beginning of year
 
$
  
$
  
$
  
$
 
Employer contributions
  
970
   
720
   
199
   
133
 
Benefits paid
  
(970
)
  
(720
)
  
(199
)
  
(133
)
Fair value of plan assets at end of year
 
$
  
$
  
$
  
$
 
Funded status
                
Fair value of plan assets
 
$
  
$
  
$
  
$
 
Benefit obligations
  
(11,345
)
  
(11,876
)
  
(3,720
)
  
(3,425
)
Funded status
 
$
(11,345
)
 
$
(11,876
)
 
$
(3,720
)
 
$
(3,425
)
 
  
U.S.
  
International   
 
In thousands
 
2017
  
2016
  
2017
  
2016
 
Amounts recognized in the statement of financial position consist of:
            
Current liabilities
 
$
(1,046
)
 
$
(1,084
)
 
$
(208
)
 
$
(185
)
Noncurrent liabilities
  
(10,299
)
  
(10,792
)
  
(3,512
)
  
(3,160
)
Net amount recognized
 
$
(11,345
)
 
$
(11,876
)
 
$
(3,720
)
 
$
(3,345
)
Amounts recognized in accumulated other comprehensive income (loss) consist of:
                
Prior service credit
  
19,616
   
21,134
   
9
   
15
 
Net actuarial (loss) gain
  
(18,882
)
  
(20,023
)
  
154
   
292
 
Net amount recognized
 
$
734
  
$
1,111
  
$
163
  
$
307