Retirement Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2013

Defined Contribution Pension and Other Postretirement Plans Disclosure [Abstract]

Weighted-average asset allocations by asset category of the U.S. and U.K. Pension Plans

Weighted-average asset allocations by asset category of the U.S. and U.K. Pension Plans as of December 31, 2013 are as follows:



Asset Category	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash and Cash Equivalents	$	746	$	746	$	—	$	—
Mutual Funds:
U.S. Large-Cap	20,597		20,597		—		—
U.S. Small-Cap	6,971		6,971		—		—
International Equities	6,328		6,328		—		—
Fixed-Income Domestic	17,755		17,755		—		—
Investment Account held by Pension Plan ⁽¹⁾	9,733		—		—		9,733
Total	$	62,130	$	52,397	$	—	$	9,733


(1)	This category is comprised of investments in insurance contracts.

Weighted-average asset allocations by asset category of the U.S. and U.K. Pension Plans as of December 31, 2012 are as follows:



Asset Category	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash and Cash Equivalents	$	701	$	701	$	—	$	—
Equity Securities:
U.S. Small-Cap	1,438		1,438		—		—
U.S. Mid-Cap	2,266		2,266		—		—
International Small-Cap	63		63		—		—
Mutual Funds:
Corporate Bonds	18,671		18,671		—		—
U.S. Large-Cap	18,141		18,141		—		—
International Large-Cap	5,662		5,662		—		—
Investment Account held by Pension Plan⁽¹⁾	8,855		—		—		8,855
Total	$	55,797	$	46,942	$	—	$	8,855


(1)	This category is comprised of investments in insurance contracts.

Reconciliation of beginning and ending balances of Level 3 plan assets

A reconciliation of the beginning and ending balances of the Level 3 investments of our U.K. Pension Plan during the years ended are as follows:



	2013		2012
Fair value at beginning of year	$	8,855	$	7,738
Purchases, sales, issuances and settlements, net	74		—
Net gain	601		739
Foreign currency	203		378
Fair value at end of year	$	9,733	$	8,855

Weighted-average assumptions used to determine benefit obligations and net periodic benefit costs

Weighted-average assumptions used to determine benefit obligations as of December 31, are as follows:



	U.S. Pension Benefits				Non-U.S. Pension Benefits				Postretirement Medical Benefits
	2013		2012		2013		2012		2013		2012
Discount rate	4.63	%	3.79	%	4.33	%	4.41	%	4.10	%	3.27	%
Rate of compensation increase	3.00	%	3.00	%	4.50	%	4.50	%	—		—

Weighted-average assumptions used to determine net periodic benefit costs as of December 31, are as follows:



	U.S. Pension Benefits						Non-U.S. Pension Benefits						Postretirement Medical Benefits
	2013		2012		2011		2013		2012		2011		2013		2012		2011
Discount rate	3.79	%	4.39	%	5.39	%	4.41	%	4.94	%	5.39	%	3.27	%	4.20	%	5.00	%
Expected long-term rate of return on plan assets	6.50	%	7.70	%	7.70	%	4.70	%	4.80	%	5.20	%	—		—		—
Rate of compensation increase	3.00	%	3.00	%	3.00	%	4.50	%	4.60	%	5.10	%	—		—		—

Accumulated benefit obligations for all defined benefit plans

The accumulated benefit obligations as of December 31, for all defined benefit plans, are as follows:



	2013		2012
U.S. Pension Plans	$	42,241	$	46,907
U.K. Pension Plan	9,803		8,837
German Pension Plan	897		878

Plans with accumulated benefit obligation in excess of plan assets

Information for our plans with an accumulated benefit obligation in excess of plan assets as of December 31, is as follows:



	2013		2012
Accumulated benefit obligation	$	12,778	$	3,261
Fair value of plan assets	9,733		—

Plans with projected benefit obligations in excess of plan assets

Information for our plans with a projected benefit obligation in excess of plan assets as of December 31, is as follows:



	2013		2012
Projected benefit obligation	$	13,481	$	12,591
Fair value of plan assets	9,733		8,855

Assumed healthcare cost trend rates

Assumed healthcare cost trend rates as of December 31, are as follows:



	2013		2012
Healthcare cost trend rate assumption for the next year	8.30	%	9.17	%
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	2031		2031

Effect of one-percentage-point change in assumed healthcare cost trends

To illustrate, a one-percentage-point change in assumed healthcare cost trends would have the following effects:



	1-Percentage- Point Decrease			1-Percentage- Point Increase
Effect on total of service and interest cost components	$	(46	)	$	52
Effect on postretirement benefit obligation	$	(930	)	$	1,050

Changes in benefit obligations and plan assets and funded status

Summaries related to changes in benefit obligations and plan assets and to the funded status of our defined benefit and postretirement medical benefit plans are as follows:



	U.S. Pension Benefits						Non-U.S. Pension Benefits						Postretirement Medical Benefits
	2013			2012			2013			2012			2013			2012
Change in benefit obligation:
Benefit obligation at beginning of year	$	48,824		$	44,280		$	10,011		$	8,775		$	14,090		$	13,708
Service cost	690			686			142			138			154			142
Interest cost	1,803			1,928			422			437			443			551
Plan participants' contributions	—			—			23			24			—			—
Actuarial (gain) loss	(4,901		)	3,893			668			595			(1,001		)	926
Foreign exchange	—			—			265			411			—			—
Benefits paid	(2,763		)	(1,963		)	(293		)	(369		)	(500		)	(1,237		)
Benefit obligation at end of year	$	43,653		$	48,824		$	11,238		$	10,011		$	13,186		$	14,090
Change in fair value of plan assets and net accrued liabilities:
Fair value of plan assets at beginning of year	$	46,942		$	28,237		$	8,855		$	7,738		$	—		$	—
Actual return on plan assets	7,827			3,818			601			738			—			—
Employer contributions	391			16,850			343			346			500			1,237
Plan participants' contributions	—			—			23			24			—			—
Foreign exchange	—			—			204			378			—			—
Benefits paid	(2,763		)	(1,963		)	(293		)	(369		)	(500		)	(1,237		)
Fair value of plan assets at end of year	52,397			46,942			9,733			8,855			—			—
Funded status at end of year	$	8,744		$	(1,882	)	$	(1,505	)	$	(1,156	)	$	(13,186	)	$	(14,090	)
Amounts recognized in the Consolidated Balance Sheets consist of:
Noncurrent Other Assets	$	10,987		$	698		$	—		$	—		$	—		$	—
Current Liabilities	(149		)	(145		)	(41		)	(39		)	(919		)	(904		)
Long-Term Liabilities	(2,094		)	(2,435		)	(1,464		)	(1,117		)	(12,267		)	(13,186		)
Net accrued asset (liability)	$	8,744		$	(1,882	)	$	(1,505	)	$	(1,156	)	$	(13,186	)	$	(14,090	)
Amounts recognized in Accumulated Other Comprehensive Loss consist of:
Prior service (cost) credit	$	(152	)	$	(224	)	$	—		$	—		$	6		$	109
Net actuarial loss	(2,142		)	(13,711		)	(704		)	(246		)	(1,587		)	(2,789		)
Accumulated Other Comprehensive Loss	$	(2,294	)	$	(13,935	)	$	(704	)	$	(246	)	$	(1,581	)	$	(2,680	)

Components of the net periodic benefit cost

The components of the net periodic benefit cost for the three years ended December 31, were as follows:



	U.S. Pension Benefits									Non-U.S. Pension Benefits									Postretirement Medical Benefits
	2013			2012			2011			2013			2012			2011			2013			2012			2011
Service cost	$	690		$	686		$	651		$	142		$	138		$	133		$	154		$	142		$	132
Interest cost	1,803			1,928			2,013			422			437			465			443			551			612
Expected return on plan assets	(2,911		)	(2,279		)	(2,325		)	(402		)	(387		)	(376		)	—			—			—
Amortization of net actuarial loss	1,751			1,131			27			9			—			—			201			57			—
Amortization of prior service cost	73			382			550			—			—			—			(103		)	(580		)	(580		)
Foreign currency	—			—			—			21			16			(18		)	—			—			—
Net periodic benefit cost	$	1,406		$	1,848		$	916		$	192		$	204		$	204		$	695		$	170		$	164

Changes in accumulated other comprehensive loss

The changes in Accumulated Other Comprehensive Loss for the three years ended December 31, were as follows:



	U.S. Pension Benefits									Non-U.S. Pension Benefits								Postretirement Medical Benefits
	2013			2012			2011			2013			2012		2011			2013			2012			2011
Prior service cost	$	—		$	—		$	233		$	—		$	—	$	—		$	—		$	—		$	—
Net actuarial (gain) loss	(9,817		)	2,355			6,184			467			244		(300		)	(1,001		)	926			72
Amortization of prior service cost	(73		)	(382		)	(550		)	—			—		—			103			580			580
Amortization of net actuarial loss	(1,751		)	(1,132		)	(27		)	(9		)	—		—			(201		)	(57		)	—
Total recognized in other comprehensive income	$	(11,641	)	$	841		$	5,840		$	458		$	244	$	(300	)	$	(1,099	)	$	1,449		$	652
Total recognized in net periodic benefit cost and other comprehensive income	$	(10,235	)	$	2,689		$	6,756		$	650		$	448	$	(96	)	$	(404	)	$	1,619		$	816

Expected future benefit payments

The following benefit payments, which reflect expected future service, are expected to be paid for our U.S. and Non-U.S. plans:



	U.S. Pension Benefits		Non-U.S. Pension Benefits		Postretirement Medical Benefits
2014	$	2,021	$	309	$	919
2015	2,353		319		1,026
2016	2,535		328		1,055
2017	2,682		339		1,106
2018	2,808		350		1,091
2019 to 2023	15,087		1,916		5,349
Total	$	27,486	$	3,561	$	10,546

Amounts in accumulated other comprehensive loss to be recognized over next fiscal year

The following amounts are included in Accumulated Other Comprehensive Loss as of December 31, 2013 and are expected to be recognized as components of net periodic benefit cost during 2014:



	Pension Benefits		Postretirement Medical Benefits
Net actuarial loss	$	185	$	43
Prior service cost (credit)	43		(6		)