XML 130 R39.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

Pension and Other Post Retirement Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2019

Compensation And Retirement Disclosure [Abstract]

Components of Net Periodic Benefit Cost for Company's Defined Benefit Plans

The components of net periodic benefit cost for the Company’s defined benefit plans for the years ended December 31, 2019, 2018 and 2017 were as follows:

		U.S. Plan												German Plan
		Year Ended December 31,												Year Ended December 31,
		2019				2018				2017				2019				2018				2017
Net periodic benefit cost:
Service cost		$	—			$	—			$	101			$	—			$	—			$	—
Interest cost			127				114				111				147				147				130
Expected return on plan assets			—				—				—				(126	)			(130	)			(121	)
Amortization of prior service cost and actuarial loss			—				—				509				72				73				78
Net periodic benefit cost		$	127			$	114			$	721			$	93			$	90			$	87
Assumptions:
Discount rate			3.65	%			2.95	%			3.25	%			1.06	%			2.04	%			1.93	%
Long-term return on assets		N/A				N/A				N/A					3.10	%			3.40	%			3.40	%

Reconciliation of Change in Benefit Obligation, Change in Plan Assets and Balance Sheet Classification

A reconciliation of the change in benefit obligation and the change in plan assets for the years ended December 31, 2019 and 2018 is as follows:

		U.S. Plan								German Plan
		As of December 31,								As of December 31,
		2019				2018				2019				2018
Change in projected benefit obligation:
Balance at beginning of year		$	3,832			$	4,218			$	7,529			$	7,927
Interest cost			127				114				147				147
Paid pension distributions			(342	)			(342	)			(285	)			(292	)
Actuarial (gains) losses			254				(158	)			1,116				114
Exchange rate impact			—				—				(154	)			(367	)
Balance at end of year		$	3,871			$	3,832			$	8,353			$	7,529
Change in plan assets:
Balance at beginning of year		$	—			$	—				3,808				3,891
Actual return on plan assets			—				—				126				130
Contributions			—				—				284				292
Paid pension distributions			—				—				(284	)			(292	)
Actuarial losses			—				—				(30	)			(30	)
Exchange rate impact			—				—				(79	)			(183	)
Balance at end of year		$	—			$	—			$	3,825			$	3,808
Funded Status (underfunded)/overfunded		$	(3,871	)		$	(3,832	)		$	(4,528	)		$	(3,721	)
Balance sheet classification:
Other current liabilities			(342	)			(342	)			—				—
Pension benefit obligation			(3,529	)			(3,490	)			(4,528	)			(3,721	)
Accumulated other comprehensive loss (pre-tax):
Actuarial losses			476				222				3,398				2,372
Assumptions:
Discount rate			2.40	%			3.65	%			1.06	%			2.04	%

Summary of Pre-tax Amounts in AOCI Expected to Be Recognized in Net Periodic Benefit Cost

Pre-tax amounts included in AOCI that are expected to be recognized in net periodic benefit cost during the year ended December 31, 2020 are as follows:

		U.S Plan				German Plan
Actuarial losses		$	7			$	122

Summary of Accumulated Benefit Obligations

The accumulated benefit obligations were as follows:

		U.S. Plan								German Plan
		As of December 31,								As of December 31,
		2019				2018				2019				2018
Accumulated benefit obligation		$	3,871			$	3,832			$	8,529			$	7,894

Schedule of Future Expected Pension Payments

The schedule of future expected pension payments is as follows:

		Projected Pension Benefit Payments
Year		U.S Plan				German Plan
2020		$	342			$	289
2021			342				287
2022			342				283
2023			342				293
2024			342				287
2025-2029			1,710				2,839
Total		$	3,420			$	4,278

X

- References

No definition available.

+ Details

Name:	us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of benefit obligations including accumulated benefit obligation and projected benefit obligation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

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

X

- Definition

Tabular disclosure of the amounts related to pension plans and/or other employee benefit plans in accumulated other comprehensive income (loss) expected to be recognized as components of net periodic benefit cost over the next fiscal year, including the net gain (loss), net prior service cost or credit, and net transition asset or obligation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (s)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

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

X

- Definition

Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 55
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=118257860&loc=d3e4179-114921

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e2439-114920

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e2410-114920

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e2417-114920

+ Details

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

X

- Definition

Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

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

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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

+ Details

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