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Commitments and Contingencies Commitments and Contingencies (Tables)
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12 Months Ended |
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Dec. 31, 2014
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| Commitments and Contingencies Disclosure [Abstract] |
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| Schedule of Rent Expense [Table Text Block] |
Operating lease rental expense for factories, service and distribution locations, offices, and equipment was as follows:
| | | | | | | | | | | | | | Year Ended December 31, | | 2014 | | 2013 | | 2012 | | (in thousands) | Rental expense | $ | 19,178 |
| | $ | 18,662 |
| | $ | 17,877 |
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| Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] |
Future minimum lease payments at December 31, 2014, under noncancelable operating leases with initial or remaining terms in excess of one year are as follows:
| | | | | | Minimum Payments | | (in thousands) | 2015 | $ | 12,142 |
| 2016 | 8,564 |
| 2017 | 7,099 |
| 2018 | 6,630 |
| 2019 | 4,580 |
| Beyond 2019 | 1,721 |
| Future minimum lease payments | $ | 40,736 |
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| Schedule of Line of Credit Facilities [Table Text Block] |
Our available lines of credit, outstanding standby LOCs, and bonds are as follows:
| | | | | | | | | | December 31, 2014 | | December 31, 2013 | | (in thousands) | Credit facilities(1) | | | | Multicurrency revolving line of credit | $ | 660,000 |
| | $ | 660,000 |
| Long-term borrowings | (91,469 | ) | | (120,000 | ) | Standby LOCs issued and outstanding | (50,399 | ) | | (49,491 | ) | Net available for additional borrowings and LOCs | $ | 518,132 |
| | $ | 490,509 |
| | | | | Unsecured multicurrency revolving lines of credit with various financial institutions | | | | Multicurrency revolving line of credit | $ | 106,855 |
| | $ | 115,269 |
| Standby LOCs issued and outstanding | (28,636 | ) | | (31,714 | ) | Short-term borrowings(2) | (4,282 | ) | | (4,252 | ) | Net available for additional borrowings and LOCs | $ | 73,937 |
| | $ | 79,303 |
| | | | | Unsecured surety bonds in force | $ | 116,306 |
| | $ | 186,446 |
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| | (1) | Refer to Note 6 for details regarding our secured credit facilities. |
| | (2) | Short-term borrowings are included in “Other current liabilities” on the Consolidated Balance Sheets. |
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| Schedule of Warranty Accruals [Table Text Block] |
A summary of the warranty accrual account activity is as follows: | | | | | | | | | | Year Ended December 31, | | 2014 | | 2013 | | (in thousands) | Beginning balance | $ | 45,146 |
| | $ | 53,605 |
| New product warranties | 6,441 |
| | 5,561 |
| Other changes/adjustments to warranties | 3,729 |
| | 10,343 |
| Claims activity | (16,568 | ) | | (23,593 | ) | Effect of change in exchange rates | (2,282 | ) | | (770 | ) | Ending balance | 36,466 |
| | 45,146 |
| Less: current portion of warranty | 21,063 |
| | 21,048 |
| Long-term warranty | $ | 15,403 |
| | $ | 24,098 |
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| Warranty Expense [Table Text Block] |
Warranty expense for the years ended December 31 is as follows: | | | | | | | | | | | | | | Year Ended December 31, | | 2014 | | 2013 | | 2012 | | (in thousands) | Total warranty expense | $ | 10,170 |
| | $ | 15,904 |
| | $ | 13,186 |
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| Schedule of Changes to Unearned Revenue for Extended Warranty [Table Text Block] |
A summary of changes to unearned revenue for extended warranty contracts is as follows: | | | | | | | | | | Year Ended December 31, | | 2014 | | 2013 | | (in thousands) | Beginning balance | $ | 33,528 |
| | $ | 31,960 |
| Unearned revenue for new extended warranties | 3,529 |
| | 4,039 |
| Unearned revenue recognized | (2,655 | ) | | (2,210 | ) | Effect of change in exchange rates | (264 | ) | | (261 | ) | Ending balance | 34,138 |
| | 33,528 |
| Less: current portion of unearned revenue for extended warranty | 2,759 |
| | 2,385 |
| Long-term unearned revenue for extended warranty within Other long-term obligations | $ | 31,379 |
| | $ | 31,143 |
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| Health Benefit Plan Costs and Incurred But Not Reported Accrual Balance [Table Text Block] |
Plan costs are as follows: | | | | | | | | | | | | | | Year Ended December 31, | | 2014 | | 2013 | | 2012 | | (in thousands) | Plan costs | $ | 23,206 |
| | $ | 22,324 |
| | $ | 26,755 |
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IBNR accrual, which is included in wages and benefits payable, is as follows:
| | | | | | | | | | December 31, 2014 | | December 31, 2013 | | (in thousands) | IBNR accrual | $ | 1,924 |
| | $ | 2,206 |
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