XML 53 R41.htm IDEA: XBRL DOCUMENT v3.7.0.1

Retirement Benefits (Tables)

6 Months Ended

Jun. 30, 2017

Pension Benefits

Components of Net Periodic Benefit Cost for Defined Benefit Plans and Other Postretirement Plans

The following tables provide the components of net periodic benefit cost for its major defined benefit plans and its other postretirement plans. As disclosed in Note 1, the Company elected to early adopt ASU 2017-07 during the quarter ended March 31, 2017. As a result, the Company recorded Interest cost, Expected return on plan assets, and Net amortization within Other (income) expense - net. The Company adopted this standard retrospectively and thus $0.8 million and $1.6 million, respectively, were reclassified from Selling, general and administrative expenses to Other (income) expense - net for the three and six months ended June 30, 2016 to conform to current period presentation.

	Pension Benefits
	Three Months Ended June 30,
	2017								2016
	U.S.				Non-U.S.				U.S.				Non-U.S.
Service cost	$	254			$	494			$	294			$	304
Interest cost	661				317				747				355
Expected return on plan assets	(944		)		(270		)		(1,175		)		(220		)
Net amortization	641				395				827				243
Net periodic benefit cost	$	612			$	936			$	693			$	682

	Pension Benefits
	Six Months Ended June 30,
	2017								2016
	U.S.				Non-U.S.				U.S.				Non-U.S.
Service cost	$	508			$	976			$	588			$	603
Interest cost	1,321				625				1,494				705
Expected return on plan assets	(1,888		)		(534		)		(2,350		)		(439		)
Net amortization	1,283				777				1,654				481
Net periodic benefit cost	$	1,224			$	1,844			$	1,386			$	1,350

Other Postretirement Benefits

Components of Net Periodic Benefit Cost for Defined Benefit Plans and Other Postretirement Plans

	Other Postretirement Benefits
	Three Months Ended June 30,								Six Months Ended June 30,
	2017				2016				2017				2016
Service cost	$	152			$	181			$	304			$	313
Interest cost	204				224				408				398
Net amortization	(199		)		(154		)		(397		)		(308		)
Net periodic benefit cost	$	157			$	251			$	315			$	403

X

- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_RetirementPlanTypeAxis=us-gaap_PensionPlansDefinedBenefitMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_RetirementPlanTypeAxis=us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: