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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Components of Pre-Tax Stock-Based Compensation Expense

The components of pre-tax stock-based compensation expense are as follows:

(In thousands)		2016				2015				2014
Restricted Stock Unit Awards		$	4,848			$	5,185			$	4,904
Stock Option Awards		51				420				782
Employee Stock Purchase Plan Awards		170				136				127
Total		$	5,069			$	5,741			$	5,813

Summary of Activity of the Unvested Restricted Stock Units

A summary of the activity of the Company's unvested RSUs for 2016 is as follows:

Unvested Restricted Stock Units		Units (In thousands)			Weighted Average Grant- Date Fair Value
Unvested RSUs at January 2, 2016		216			$	37.01
Granted		132			$	40.41
Vested		(143	)		$	35.46
Forfeited / Expired		(2	)		$	40.87
Unvested RSUs at December 31, 2016		203			$	40.23

Stock Option Activity

A summary of the Company's stock option activity for 2016 is as follows:

(In thousands, except per share amounts)		Number of Shares			Weighted Average Exercise Price				Weighted Average Remaining Contractual Life		Aggregate Intrinsic Value (a)
Options Outstanding at January 2, 2016		358			$	21.12
Exercised		(51	)		$	23.57
Options Outstanding at December 31, 2016		307			$	20.72			4.5 years		$	12,443
Vested and Exercisable at December 31, 2016		307			$	20.72			4.5 years		$	12,443

(a) The closing price per share on the last trading day prior to December 31, 2016 was $61.20.

Summary of Stock Option Exercises

A summary of the Company's stock option exercises in 2016, 2015, and 2014 is as follows.

(In thousands)		2016				2015				2014
Total Intrinsic Value of Options Exercised		$	1,341			$	442			$	438
Cash Received From Options Exercised		$	1,189			$	284			$	336

Changes In Projected Benefit Obligations, Plan Assets, Unfunded Status, and Accumulated Other Comprehensive Items

The following table summarizes the change in benefit obligation; the change in plan assets; the unfunded status; and the amounts recognized in the accompanying consolidated balance sheet for the Company's U.S. and non-U.S. pension benefit plans and other post-retirement benefit plans. In accordance with the adoption of ASU No. 2015-04 in 2015, the Company has elected to measure its plan assets and benefit obligations as of December 31, which coincides with its fiscal year-end in 2016 and is the closest month-end to its fiscal year-end in 2015.

		U.S. Pension Benefits								Non-U.S. Pension Benefits								Other Post-Retirement Benefits
(In thousands)		2016				2015				2016				2015				2016				2015
Change in Benefit Obligation:
Benefit obligation at beginning of year		$	31,310			$	32,213			$	3,041			$	3,531			$	3,539			$	3,823
Acquisition		—				—				380				—				—				—
Service cost		723				842				102				105				130				117
Interest cost		1,273				1,229				107				102				156				147
Actuarial loss (gain)		575				(1,448		)		58				(102		)		686				(299		)
Benefits paid		(1,946		)		(1,526		)		(63		)		(189		)		(180		)		(219		)
Settlement payment		—				—				—				—				(415		)		—
Currency translation		—				—				(284		)		(406		)		(22		)		(30		)
Benefit obligation at end of year		$	31,935			$	31,310			$	3,341			$	3,041			$	3,894			$	3,539
Change in Plan Assets:
Fair value of plan assets at beginning of year		$	27,776			$	28,986			$	396			$	632			$	26			$	34
Actual return on plan assets		2,075				(764		)		6				(142		)		1				(3		)
Employer contributions		1,080				1,080				159				189				601				219
Benefits paid		(1,946		)		(1,526		)		(63		)		(189		)		(180		)		(219		)
Settlement payment		—				—				—				—				(415		)		—
Currency translation		—				—				(72		)		(94		)		(5		)		(5		)
Fair value of plan assets at end of year		$	28,985			$	27,776			$	426			$	396			$	28			$	26
Unfunded Status		$	(2,950	)		$	(3,534	)		$	(2,915	)		$	(2,645	)		$	(3,866	)		$	(3,513	)
Accumulated Benefit Obligation at End of Year		$	27,573			$	26,844			$	2,549			$	2,169			$	—			$	—
Amounts Recognized in the Balance Sheet:
Current liability		$	—			$	—			$	(194	)		$	(133	)		$	(183	)		$	(187	)
Non-current liability		$	(2,950	)		$	(3,534	)		$	(2,721	)		$	(2,512	)		$	(3,683	)		$	(2,911	)
Amounts Recognized in Accumulated Other Comprehensive Items Before Tax:
Unrecognized net actuarial loss		$	(7,383	)		$	(8,094	)		$	(784	)		$	(832	)		$	(872	)		$	(325	)
Unrecognized prior service cost		(53		)		(108		)		(42		)		(47		)		(525		)		(610		)
Total		$	(7,436	)		$	(8,202	)		$	(826	)		$	(879	)		$	(1,397	)		$	(935	)
Changes in Amounts Recognized in Accumulated Other Comprehensive Items Before Tax:
Current year unrecognized net actuarial gain (loss)		$	213			$	(737	)		$	(75	)		$	(75	)		$	(685	)		$	237
Amortization of unrecognized prior service cost		55				55				4				4				88				88
Amortization of unrecognized net actuarial loss		498				508				39				38				50				30
Settlement loss		—				—				—				—				114				—
Currency translation		—				—				85				109				(29		)		35
Total		$	766			$	(174	)		$	53			$	76			$	(462	)		$	390

Weighted-Average Assumptions Used to Determine the Benefit Obligation and Net Periodic Benefit Cost

The weighted-average assumptions used to determine the benefit obligation as of year-end are as follows:

		U.S. Pension Benefits						Non-U.S. Pension Benefits						Other Post-Retirement Benefits
							2016												2015			2016			2015			2016			2015
Discount rate		4.03	%		4.22	%		3.26	%		3.55	%		4.20	%		4.32	%
Rate of compensation increase		3.00	%		3.00	%		3.33	%		3.47	%		3.12	%		3.18	%

The weighted-average assumptions used to determine net periodic benefit cost are as follows:

		U.S. Pension Benefits									Non-U.S. Pension Benefits									Other Post-Retirement Benefits
										2016																		2015			2014			2016			2015			2014			2016			2015			2014
Discount Rate		4.22	%		3.87	%		4.79	%		3.87	%		3.33	%		3.68	%		5.38	%		4.01	%		4.91	%
Expected Long-Term Return on Plan Assets		5.00	%		5.25	%		5.75	%		7.72	%		6.90	%		6.75	%		7.72	%		6.90	%		6.75	%
Rate of Compensation Increase		3.00	%		3.00	%		3.50	%		3.67	%		3.42	%		2.70	%		3.94	%		3.15	%		3.52	%

Benefit Obligations in Excess of Fair Value of Plan Assets

The projected benefit obligations and fair values of plan assets for the Company's pension plans with projected benefit obligations in excess of plan assets are as follows:

		U.S. Pension Benefits								Non-U.S. Pension Benefits
(In thousands)									2016									2015				2016				2015
Pension Plans with Projected Benefit Obligations in Excess of Plan Assets:
Projected benefit obligation		$	31,935			$	31,310			$	3,341			$	3,041
Fair value of plan assets		$	28,985			$	27,776			$	426			$	396

Accumulated Benefit Obligations in Excess of Plan Assets

The accumulated benefit obligations and fair values of plan assets for the Company's pension plans with accumulated benefit obligations in excess of plan assets are as follows:

		U.S. Pension Benefits								Non-U.S. Pension Benefits
(In thousands)									2016									2015				2016				2015
Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets:
Accumulated benefit obligation		$	—			$	—			$	2,549			$	2,169
Fair value of plan assets		$	—			$	—			$	426			$	396

Components of Net Periodic Benefit Cost (Income)

The components of net periodic benefit cost are as follows:

		U.S. Pension Benefits												Non-U.S. Pension Benefits												Other Post-Retirement Benefits
(In thousands)													2016																								2015				2014				2016				2015				2014				2016				2015				2014
Components of Net Periodic Benefit Cost:
Service cost		$	723			$	842			$	850			$	102			$	105			$	193			$	130			$	117			$	103
Interest cost		1,273				1,229				1,286				107				102				138				156				147				163
Expected return on plan assets		(1,288		)		(1,421		)		(1,480		)		(25		)		(40		)		(44		)		(2		)		(2		)		(2		)
Recognized net actuarial loss		498				508				315				39				38				18				50				30				22
Amortization of prior service cost		55				55				55				4				4				6				88				88				88
Settlement loss		—				—				—				—				—				—				114				—				—
Net Periodic Benefit Cost		$	1,261			$	1,213			$	1,026			$	227			$	209			$	311			$	536			$	380			$	374

Weighted-Average Health Care Cost Trend Rates

Assumed weighted-average healthcare cost trend rates as of year-end were as follows:

		Other Post-Retirement Benefits
		2016		2015
Healthcare Cost Trend Rate Assumed for Next Year		8.00%		8.00%
Ultimate Healthcare Cost Trend Rate		8.00%		8.00%
Year Assumed Rate Reaches Ultimate Rate		2016		2015

Fair Values of Plan Assets

The fair values of the Company's noncontributory defined benefit retirement plan assets at year-end 2016 and 2015 by asset category are as follows:

		2016 Fair Value Measurement
(In thousands)		Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Total
U.S. Pension Plan Assets:
Mutual Funds		$	20,318			$	—			$	—			$	20,318
		$	20,318			$	—			$	—			$	20,318
Investments measured at NAV														8,667
Total assets at fair value														$	28,985
Non-U.S. Pension Plan Assets:
Mutual Funds		$	426			$	—			$	—			$	426
Total assets at fair value		$	426			$	—			$	—			$	426

		2015 Fair Value Measurement
(In thousands)		Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Total
U.S. Pension Plan Assets:
Mutual Funds		$	19,485			$	—			$	—			$	19,485
		$	19,485			$	—			$	—			$	19,485
Investments measured at NAV														8,291
Total assets at fair value														$	27,776
Non-U.S. Pension Plan Assets:
Mutual Funds		$	396			$	—			$	—			$	396
Total assets at fair value		$	396			$	—			$	—			$	396

Target Asset Allocation of Plan Assets

The following target asset allocation has been established for the plan:

Asset Category		Minimum			Neutral			Maximum
Equity Securities		5	%		15	%		20	%
Debt Securities		80	%		85	%		95	%
Total					100	%

Estimated Future Benefit Payments

Estimated future benefit payments during the next five years and in aggregate for the five years thereafter are as follows:

										Other Post-retirement Benefits
(In thousands)		U.S. Pension Benefits				Non-U.S. Pension Benefits
2017		$	1,485			$	227			$	187
2018		1,479				30				177
2019		1,485				105				169
2020		4,131				87				308
2021		1,894				237				162
2022-2026		11,488				2,029				2,753

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