XML 25 R14.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Defined Benefit Pension Plans (Text Block) | 3 Months Ended
--- | ---
Mar. 31, 2018
Retirement Benefits, Description [Abstract] |
Defined Benefit Pension Plans [Text Block] | Defined Benefit Pension Plans We sponsor both funded and unfunded defined benefit pension plans offering death and disability, retirement, and special termination benefits for our international employees, primarily in Germany, France, Italy, Indonesia, Brazil, and Spain. The defined benefit obligation is calculated annually by using the projected unit credit method. The measurement date for the pension plans was December 31, 2017. Amounts recognized on the Consolidated Balance Sheets consist of:
| March 31, 2018 |  | December 31, 2017
| (in thousands)
Assets |  |  |
Plan assets in other long-term assets | $ | 1,054 |  |  | $ | 991 |
Liabilities |  |  |
Current portion of pension benefit obligation in wages and benefits payable | 3,291 |  |  | 3,260 |
Long-term portion of pension benefit obligation | 100,045 |  |  | 95,717 |
Pension benefit obligation, net | $ | 102,282 |  |  | $ | 97,986 |
Our asset investment strategy focuses on maintaining a portfolio using primarily insurance funds, which are accounted for as investments and measured at fair value, in order to achieve our long-term investment objectives on a risk adjusted basis. Our general funding policy for these qualified pension plans is to contribute amounts sufficient to satisfy regulatory funding standards of the respective countries for each plan. Net periodic pension benefit costs for our plans include the following components:
| Three Months Ended March 31,
| 2018 |  | 2017
| (in thousands)
Service cost | $ | 1,049 |  |  | $ | 928 |
Interest cost | 609 |  |  | 525 |
Expected return on plan assets | (181 | ) |  | (146 | )
Amortization of actuarial net loss | 403 |  |  | 391 |
Amortization of unrecognized prior service costs | 17 |  |  | 15 |
Net periodic benefit cost | $ | 1,897 |  |  | $ | 1,713 |

X
- References No definition available. + Details
Name: | us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration