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Retirement Benefits K (Tables)
12 Months Ended
Sep. 30, 2018
Defined Contribution Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Costs of Retirement Plans



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

 

Year Ended September 30,



 

2018

 

2017

 

2016

Company costs

 

$

34,084 

 

$

32,008 

 

$

31,893 



Defined Benefit Pension Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Periodic Benefit Costs



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Year Ended September 30,



 

United States

 

Other Countries

 

Total



 

2018

 

2017

 

2016

 

2018

 

2017

 

2016

 

2018

 

2017

 

2016

Service cost

 

$

1,643 

 

$

1,675 

 

$

1,695 

 

$

1,124 

 

$

1,133 

 

$

749 

 

$

2,767 

 

$

2,808 

 

$

2,444 

Interest cost

 

 

6,004 

 

 

5,757 

 

 

5,236 

 

 

1,526 

 

 

1,208 

 

 

1,637 

 

 

7,530 

 

 

6,965 

 

 

6,873 

Expected return on plan assets

 

 

(11,614)

 

 

(10,529)

 

 

(10,140)

 

 

(2,780)

 

 

(2,605)

 

 

(2,659)

 

 

(14,394)

 

 

(13,134)

 

 

(12,799)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net losses

 

 

598 

 

 

1,854 

 

 

1,292 

 

 

291 

 

 

514 

 

 

246 

 

 

889 

 

 

2,368 

 

 

1,538 

Net prior service (benefit) cost

 

 

709 

 

 

383 

 

 

384 

 

 

 -

 

 

 -

 

 

 -

 

 

709 

 

 

383 

 

 

384 

Settlement costs

 

 

 -

 

 

 -

 

 

47 

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

47 

Net periodic (benefit) cost

 

$

(2,660)

 

$

(860)

 

$

(1,486)

 

$

161 

 

$

250 

 

$

(27)

 

$

(2,499)

 

$

(610)

 

$

(1,513)



Schedule of Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

At or for the Year Ended September 30,



 

United States

 

Other Countries

 

Total



 

2018

 

2017

 

2018

 

2017

 

2018

 

2017

Changes in projected benefit obligation:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Projected benefit obligation at beginning of year

 

$

161,130 

 

$

160,892 

 

$

66,369 

 

$

72,057 

 

$

227,499 

 

$

232,949 

Obligation assumed in L'Orange acquisition

 

 

 -

 

 

 -

 

 

39,257 

 

 

 -

 

 

39,257 

 

 

 -

Service cost

 

 

1,643 

 

 

1,675 

 

 

1,124 

 

 

1,133 

 

 

2,767 

 

 

2,808 

Interest cost

 

 

6,004 

 

 

5,757 

 

 

1,526 

 

 

1,208 

 

 

7,530 

 

 

6,965 

Net actuarial gains

 

 

(13,128)

 

 

(5,267)

 

 

(383)

 

 

(6,188)

 

 

(13,511)

 

 

(11,455)

Contribution by participants

 

 

34 

 

 

55 

 

 

 

 

14 

 

 

43 

 

 

69 

Benefits paid

 

 

(5,651)

 

 

(5,676)

 

 

(2,888)

 

 

(2,235)

 

 

(8,539)

 

 

(7,911)

Plan amendments

 

 

 -

 

 

3,694 

 

 

 -

 

 

 -

 

 

 -

 

 

3,694 

Foreign currency exchange rate changes

   

 

 -

 

 

 -

 

 

(1,529)

 

 

380 

 

 

(1,529)

 

 

380 

Projected benefit obligation at end of year

 

$

150,032 

 

$

161,130 

 

$

103,485 

 

$

66,369 

 

$

253,517 

 

$

227,499 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Changes in fair value of plan assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair value of plan assets at beginning of year

 

$

160,332 

 

$

145,886 

 

$

64,380 

 

$

62,926 

 

$

224,712 

 

$

208,812 

Actual return (loss) on plan assets

 

 

10,627 

 

 

20,067 

 

 

1,407 

 

 

2,542 

 

 

12,034 

 

 

22,609 

Contributions by the Company

 

 

 -

 

 

 -

 

 

994 

 

 

671 

 

 

994 

 

 

671 

Contributions by plan participants

 

 

34 

 

 

55 

 

 

 

 

14 

 

 

43 

 

 

69 

Benefits paid

 

 

(5,651)

 

 

(5,676)

 

 

(2,888)

 

 

(2,235)

 

 

(8,539)

 

 

(7,911)

Foreign currency exchange rate changes

 

 

 -

 

 

 -

 

 

(1,522)

 

 

462 

 

 

(1,522)

 

 

462 

Fair value of plan assets at end of year

   

$

165,342 

 

$

160,332 

 

$

62,380 

 

$

64,380 

 

$

227,722 

 

$

224,712 

Net over/(under)funded status at end of year

 

$

15,310 

 

$

(798)

 

$

(41,105)

 

$

(1,989)

 

$

(25,795)

 

$

(2,787)



Schedule of Accumulated Benefit Obligations In Excess of and Less Than Fair Value of Plan Assets



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Plans with accumulated benefit obligation in excess of plan assets

 

Plans with accumulated benefit obligation less than plan assets



 

At September 30,

 

At September 30,



 

2018

 

2017

 

2018

 

2017

Projected benefit obligation

 

$

(65,938)

 

$

(82,447)

 

$

(187,579)

 

$

(145,052)

Accumulated benefit obligation

 

 

(65,915)

 

 

(80,759)

 

 

(184,864)

 

 

(144,006)

Fair value of plan assets

 

 

23,385 

 

 

77,036 

 

 

204,337 

 

 

147,676 



Schedule of Amounts Recognized in Balance Sheet and Other Comprehensive Income (Loss)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

At or for the Year Ended September 30,



 

United States

 

Other Countries

 

Total



 

2018

 

2017

 

2018

 

2017

 

2018

 

2017

Amounts recognized in statement of financial position consist of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other non-current assets

 

$

17,068 

 

$

1,726 

 

$

1,090 

 

$

897 

 

$

18,158 

 

$

2,623 

Accrued liabilities

 

 

 -

 

 

 -

 

 

(1,322)

 

 

(3)

 

 

(1,322)

 

 

(3)

Other non-current liabilities

 

 

(1,758)

 

 

(2,524)

 

 

(40,873)

 

 

(2,883)

 

 

(42,631)

 

 

(5,407)

Net over/(under) funded status at end of year

 

$

15,310 

 

$

(798)

 

$

(41,105)

 

$

(1,989)

 

$

(25,795)

 

$

(2,787)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amounts recognized in accumulated other
comprehensive income consist of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrecognized net prior service cost

 

$

6,459 

 

$

7,169 

 

$

 -

 

$

 -

 

$

6,459 

 

$

7,169 

Unrecognized net losses

 

 

4,285 

 

 

17,023 

 

 

14,529 

 

 

14,198 

 

 

18,814 

 

 

31,221 

Total amounts recognized

 

 

10,744 

 

 

24,192 

 

 

14,529 

 

 

14,198 

 

 

25,273 

 

 

38,390 

Deferred taxes

 

 

(5,892)

 

 

(9,224)

 

 

(5,081)

 

 

(5,016)

 

 

(10,973)

 

 

(14,240)

Amounts recognized in accumulated other comprehensive losses

 

$

4,852 

 

$

14,968 

 

$

9,448 

 

$

9,182 

 

$

14,300 

 

$

24,150 



Schedule of Changes in Plan Assets and Benefit Obligations Recorded in Other Comprehensive Income (Loss)



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Year Ended September 30,



 

United States

 

Other Countries

 

Total



 

2018

 

2017

 

2018

 

2017

 

2018

 

2017

Accumulated other comprehensive losses at beginning of year

 

$

24,192 

 

$

37,539 

 

$

14,198 

 

$

20,795 

 

$

38,390 

 

$

58,334 

Net (gain) loss

 

 

(12,141)

 

 

(14,805)

 

 

990 

 

 

(6,125)

 

 

(11,151)

 

 

(20,930)

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net losses

 

 

(598)

 

 

(1,854)

 

 

(292)

 

 

(515)

 

 

(890)

 

 

(2,369)

Prior service benefit (cost)

 

 

(709)

 

 

3,312 

 

 

 -

 

 

 -

 

 

(709)

 

 

3,312 

Foreign currency exchange rate changes

 

 

 -

 

 

 -

 

 

(367)

 

 

43 

 

 

(367)

 

 

43 

Accumulated other comprehensive losses at end of year

 

$

10,744 

 

$

24,192 

 

$

14,529 

 

$

14,198 

 

$

25,273 

 

$

38,390 



Schedule of Amounts Expected to be Amortized from Accumulated Other Comprehensive Income (Loss) and Reported as a Component of Net Periodic Benefit Cost During the Next Fiscal Year



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

United States

 

Other Countries

 

Total

Prior service cost

 

$

709 

 

$

 -

 

$

709 

Net actuarial losses

 

 

617 

 

 

289 

 

 

906 



Schedule of Expected Benefit Payments



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

Year Ending September 30,

 

United States

 

Other Countries

 

Total

2019

 

$

6,531 

 

$

3,474 

 

$

10,005 

2020

 

 

7,217 

 

 

3,182 

 

 

10,399 

2021

 

 

7,819 

 

 

3,445 

 

 

11,264 

2022

 

 

8,342 

 

 

3,358 

 

 

11,700 

2023

 

 

8,840 

 

 

3,911 

 

 

12,751 

2024 – 2028

 

 

49,244 

 

 

19,640 

 

 

68,884 



Schedule of Allocation of Plan Assets, Actual and Target Allocations



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

At September 30,



 

2018

 

2017



 

Percentage of Plan Assets

 

Target Allocation Ranges

 

Percentage of Plan Assets

 

Target Allocation Ranges

United States:

 

 

 

 

 

 

 

 

 

 

 

 

Asset Class

 

 

 

 

 

 

 

 

 

 

 

 

Equity Securities

 

65.1% 

 

41.5%

-

81.5%

 

64.6% 

 

41.2% 

-

81.2% 

Debt Securities

 

33.1% 

 

28.5%

-

48.5%

 

35.2% 

 

28.8% 

-

48.8% 

Other

 

1.8% 

 

0.0%

 

0.2% 

 

0.0%



 

100.0% 

 

 

 

 

 

100.0% 

 

 

 

 

United Kingdom:

 

 

 

 

 

 

 

 

 

 

 

 

Asset Class

 

 

 

 

 

 

 

 

 

 

 

 

Equity Securities

 

44.8% 

 

30.0%

-

60.0%

 

46.1% 

 

30.0% 

-

60.0% 

Debt Securities

 

54.8% 

 

45.0%

-

70.0%

 

53.8% 

 

45.0% 

-

70.0% 

Other

 

0.4% 

 

0.0%

 

0.1% 

 

0.0%



 

100.0% 

 

 

 

 

 

100.0% 

 

 

 

 

Japan:

 

 

 

 

 

 

 

 

 

 

 

 

Asset Class

 

 

 

 

 

 

 

 

 

 

 

 

Equity Securities

 

41.0% 

 

36.0%

-

44.0%

 

41.0% 

 

36.0% 

-

44.0% 

Debt Securities

 

58.1% 

 

55.0%

-

63.0%

 

58.1% 

 

55.0% 

-

63.0% 

Other

 

0.9% 

 

0.0%

-

2.0%

 

0.9% 

 

0.0% 

-

2.0% 



 

100.0% 

 

 

 

 

 

100.0% 

 

 

 

 



Schedule of Allocation of Plan Assets, Fair Value Hierarchy



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

At September 30, 2018



 

Level 1

 

Level 2

 

Level 3

 

 

 



 

United States

 

Other Countries

 

United States

 

Other Countries

 

United States

 

Other Countries

 

Total

Asset Category:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

2,908 

 

$

317 

 

$

 -

 

$

 -

 

$

 -

 

$

 -

 

$

3,225 

Mutual funds:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. corporate bond fund

 

 

54,699 

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

54,699 

U.S. equity large cap fund

 

 

60,176 

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

60,176 

International equity large cap growth fund

 

 

47,559 

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

47,559 

Pooled funds:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Japanese equity securities

 

 

 -

 

 

 -

 

 

 -

 

 

2,506 

 

 

 -

 

 

 -

 

 

2,506 

International equity securities

 

 

 -

 

 

 -

 

 

 -

 

 

2,214 

 

 

 -

 

 

 -

 

 

2,214 

Japanese fixed income securities

 

 

 -

 

 

 -

 

 

 -

 

 

4,968 

 

 

 -

 

 

 -

 

 

4,968 

International fixed income securities

 

 

 -

 

 

 -

 

 

 -

 

 

1,730 

 

 

 -

 

 

 -

 

 

1,730 

Global target return equity/bond fund

 

 

 -

 

 

 -

 

 

 -

 

 

12,495 

 

 

 -

 

 

 -

 

 

12,495 

Index linked U.K. equity fund

 

 

 -

 

 

 -

 

 

 -

 

 

4,326 

 

 

 -

 

 

 -

 

 

4,326 

Index linked international equity fund

 

 

 -

 

 

 -

 

 

 -

 

 

5,973 

 

 

 -

 

 

 -

 

 

5,973 

Index linked U.K. corporate bonds fund

 

 

 -

 

 

 -

 

 

 -

 

 

16,121 

 

 

 -

 

 

 -

 

 

16,121 

Index linked U.K.  government securities fund

 

 

 -

 

 

 -

 

 

 -

 

 

4,913 

 

 

 -

 

 

 -

 

 

4,913 

Index linked U.K. long-term government securities fund

 

 

 -

 

 

 -

 

 

 -

 

 

6,817 

 

 

 -

 

 

 -

 

 

6,817 

Total assets

 

$

165,342 

 

$

317 

 

$

 -

 

$

62,063 

 

$

 -

 

$

 -

 

$

227,722 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

At September 30, 2017



 

Level 1

 

Level 2

 

Level 3

 

 

 



 

United States

 

Other Countries

 

United States

 

Other Countries

 

United States

 

Other Countries

 

Total

Asset Category:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

291 

 

$

167 

 

$

 -

 

$

 -

 

$

 -

 

$

 -

 

$

458 

Mutual funds:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. corporate bond fund

 

 

56,388 

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

56,388 

U.S. equity large cap fund

 

 

54,140 

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

54,140 

International equity large cap growth fund

 

 

49,513 

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

 -

 

 

49,513 

Pooled funds:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Japanese equity securities

 

 

 -

 

 

 -

 

 

 -

 

 

2,487 

 

 

 -

 

 

 -

 

 

2,487 

International equity securities

 

 

 -

 

 

 -

 

 

 -

 

 

2,260 

 

 

 -

 

 

 -

 

 

2,260 

Japanese fixed income securities

 

 

 -

 

 

 -

 

 

 -

 

 

4,987 

 

 

 -

 

 

 -

 

 

4,987 

International fixed income securities

 

 

 -

 

 

 -

 

 

 -

 

 

1,730 

 

 

 -

 

 

 -

 

 

1,730 

Global target return equity/bond fund

 

 

 -

 

 

 -

 

 

 -

 

 

13,103 

 

 

 -

 

 

 -

 

 

13,103 

Index linked U.K. equity fund

 

 

 -

 

 

 -

 

 

 -

 

 

4,940 

 

 

 -

 

 

 -

 

 

4,940 

Index linked international equity fund

 

 

 -

 

 

 -

 

 

 -

 

 

6,285 

 

 

 -

 

 

 -

 

 

6,285 

Index linked U.K. corporate bonds fund

 

 

 -

 

 

 -

 

 

 -

 

 

16,540 

 

 

 -

 

 

 -

 

 

16,540 

Index linked U.K.  government securities fund

 

 

 -

 

 

 -

 

 

 -

 

 

4,980 

 

 

 -

 

 

 -

 

 

4,980 

Index linked U.K. long-term government securities fund

 

 

 -

 

 

 -

 

 

 -

 

 

6,901 

 

 

 -

 

 

 -

 

 

6,901 

Total assets

 

$

160,332 

 

$

167 

 

$

 -

 

$

64,213 

 

$

 -

 

$

 -

 

$

224,712 



Other Postretirement Benefit Plans [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Actuarial Assumptions Used



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



2018

 

2017

 

2016

Weighted-average discount rate used to determine benefit obligation at September 30

4.30 

%

 

3.78 

%

 

3.63 

%

Weighted-average discount rate used to determine net periodic benefit cost for years ended September 30

3.80 

 

 

3.63 

 

 

4.01 

 



Schedule of Net Periodic Benefit Costs



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

Year Ended September 30,



 

2018

 

2017

 

2016

Service cost

 

$

 

$

14 

 

$

22 

Interest cost

 

 

1,165 

 

 

1,244 

 

 

1,048 

Amortization of:

 

 

 

 

 

 

 

 

 

Net losses

 

 

94 

 

 

201 

 

 

156 

Net prior service benefit

 

 

(158)

 

 

(158)

 

 

(158)

Curtailment gain

 

 

(330)

 

 

 -

 

 

 -

Net periodic cost

 

$

778 

 

$

1,301 

 

$

1,068 



Schedule of Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan



 

 

 

 

 

 



 

 

 

 

 

 



 

Year Ended September 30,



 

2018

 

2017

Changes in accumulated postretirement benefit obligation:

 

 

 

 

 

 

Accumulated postretirement benefit obligation at beginning of year

 

$

32,252 

 

$

35,630 

Service cost

 

 

 

 

14 

Interest cost

 

 

1,165 

 

 

1,244 

Premiums paid by plan participants

 

 

1,311 

 

 

1,365 

Net actuarial gains

 

 

(2,716)

 

 

(2,049)

Benefits paid

 

 

(3,707)

 

 

(3,964)

Curtailment

 

 

(330)

 

 

 -

Foreign currency exchange rate changes

 

 

 

 

12 

Accumulated postretirement benefit obligation at end of year

 

$

27,985 

 

$

32,252 

Changes in fair value of plan assets:

 

 

 

 

 

 

Fair value of plan assets at beginning of year

 

$

 -

 

$

 -

Contributions by the company

 

 

2,396 

 

 

2,599 

Premiums paid by plan participants

 

 

1,311 

 

 

1,365 

Benefits paid

 

 

(3,707)

 

 

(3,964)

  Fair value of plan assets at end of year

 

$

 -

 

$

 -

Funded status at end of year

 

$

(27,985)

 

$

(32,252)



Schedule of Amounts Recognized in Balance Sheet and Other Comprehensive Income (Loss)



 

 

 

 

 

 



 

 

 

 

 

 



 

Year Ended September 30,



 

2018

 

2017

Amounts recognized in statement of financial position consist of:

 

 

 

 

 

 

Accrued liabilities

 

$

(2,249)

 

$

(2,410)

Other non-current liabilities

 

 

(25,736)

 

 

(29,842)

Funded status at end of year

 

$

(27,985)

 

$

(32,252)



 

 

 

 

 

 

Amounts recognized in accumulated other comprehensive income consist of:

 

 

 

 

 

 

Unrecognized net prior service (benefit) cost

 

$

(1)

 

$

(160)

Unrecognized net (gains) losses

 

 

425 

 

 

3,234 

Total amounts recognized

 

 

424 

 

 

3,074 

Deferred taxes

 

 

(518)

 

 

(1,183)

Amounts recognized in accumulated other comprehensive income

 

$

(94)

 

$

1,891 



Schedule of Changes in Plan Assets and Benefit Obligations Recorded in Other Comprehensive Income (Loss)



 

 

 

 

 

 



 

 

 

 

 

 



 

Year Ended September 30,



 

2018

 

2017

Accumulated other comprehensive losses at beginning of year

 

$

3,074 

 

$

5,166 

Net gain

 

 

(2,654)

 

 

(2,049)

Curtailment arising during the period

 

 

(59)

 

 

 

Amortization of:

 

 

 

 

 

 

Net losses

 

 

(95)

 

 

(201)

Prior service benefit

 

 

158 

 

 

158 

Foreign currency exchange rate changes

 

 

 -

 

 

 -

Accumulated other comprehensive losses at end of year

 

$

424 

 

$

3,074 



Schedule of Health Care Cost Trend Rates



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



 

 

 

2018

 

2017

Health care cost trend rate assumed for next year

 

 

 

6.50 

%

 

6.75 

%

Rate to which the cost trend rate is assumed to decline

 

 

 

 

 

 

 

 

(the ultimate trend rate)

 

 

 

5.00 

%

 

5.00 

%

Year that the rate reaches the ultimate trend rate

 

 

 

2025 

 

 

2025 

 



Schedule of Health Care Costs Sensitivity



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

 

Change In Health Care

Cost Trend Rate



 

 

1% increase

 

1% decrease

Effect on projected fiscal year 2019 service and interest cost

 

 

$

106 

 

$

(93)

Effect on accumulated postretirement benefit obligation at September 30, 2018

 

 

 

2,450 

 

 

(2,165)



Schedule of Future Postretirement Company Contributions



 

 

 



 

 

 

Year Ending September 30,

 

 

 

2019

 

$

3,615 

2020

 

 

3,612 

2021

 

 

3,601 

2022

 

 

3,562 

2023

 

 

3,498 

2024 – 2028

 

 

16,124 



Multiemployer Plans, Pension [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Costs of Retirement Plans



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

 

Year Ended September 30,



 

2018

 

2017

 

2016

Company contributions

 

$

334 

 

$

292 

 

$

475 



UNITED STATES | Defined Benefit Pension Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Actuarial Assumptions Used



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



2018

 

2017

 

2016

United States:

 

 

 

 

 

 

 

 

Weighted-average assumptions to determine benefit obligation at September 30:

 

 

 

 

 

 

 

 

Discount rate

4.35 

%

 

3.80 

%

 

3.65 

%

Weighted-average assumptions to determine periodic benefit costs for years ended September 30:

 

 

 

 

 

 

 

 

Discount rate

3.80 

 

 

3.65 

 

 

4.39 

 

Long-term rate of return on plan assets

7.39 

 

 

7.38 

 

 

7.62 

 



JAPAN | Defined Benefit Pension Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Actuarial Assumptions Used



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



2018

 

2017

 

2016

Japan:

 

 

 

 

 

 

 

 

Weighted-average assumptions to determine benefit obligation at September 30:

 

 

 

 

 

 

 

 

Discount rate

0.62 

%

 

0.58 

%

 

0.46 

%

Rate of compensation increase

2.00 

 

 

2.00 

 

 

2.02 

 

Weighted-average assumptions to determine periodic benefit costs for years ended September 30:

 

 

 

 

 

 

 

 

Discount rate - service cost

0.72 

 

 

0.59 

 

 

1.27 

 

Discount rate - interest cost

0.38 

 

 

0.45 

 

 

0.59 

 

Rate of compensation increase

2.00 

 

 

2.02 

 

 

2.00 

 

Long-term rate of return on plan assets

2.50 

 

 

2.50 

 

 

3.00 

 



UNITED KINGDOM | Defined Benefit Pension Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Actuarial Assumptions Used



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



2018

 

2017

 

2016

United Kingdom:

 

 

 

 

 

 

 

 

Weighted-average assumptions to determine benefit obligation at September 30:

 

 

 

 

 

 

 

 

Discount rate

2.68 

%

 

2.56 

%

 

2.28 

%

Rate of compensation increase

3.60 

 

 

3.60 

 

 

3.40 

 

Weighted-average assumptions to determine periodic benefit costs for years ended September 30:

 

 

 

 

 

 

 

 

Discount rate - service cost

2.58 

 

 

2.33 

 

 

3.86 

 

Discount rate - interest cost

2.36 

 

 

2.24 

 

 

3.63 

 

Rate of compensation increase

3.60 

 

 

3.40 

 

 

3.40 

 

Long-term rate of return on plan assets

4.75 

 

 

4.75 

 

 

5.00 

 



GERMANY | Defined Benefit Pension Plan [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Actuarial Assumptions Used



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



2018

 

2017

 

2016

Germany:

 

 

 

 

 

 

 

 

Weighted-average assumptions to determine benefit obligation at September 30:

 

 

 

 

 

 

 

 

Discount rate

1.87 

 

 

n/a

 

 

n/a

 

Rate of compensation increase

2.50 

 

 

n/a

 

 

n/a

 

Weighted-average assumptions to determine periodic benefit costs for years ended September 30:

 

 

 

 

 

 

 

 

Discount rate - service cost

2.05 

 

 

n/a

 

 

n/a

 

Discount rate - interest cost

1.49 

 

 

n/a

 

 

n/a

 

Rate of compensation increase

2.50 

 

 

n/a

 

 

n/a