XML 70 R45.htm IDEA: XBRL DOCUMENT v3.10.0.1

NON-U.S. EMPLOYEE DEFINED BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2018

Retirement Benefits [Abstract]

Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan

A reconciliation of the changes in the benefit obligations and fair value of the assets of the defined benefit plans for the year ended December 31, 2018 and for the period from the Merger Date to December 31, 2017, the funded status of the plans and the amounts recognized in the consolidated balance sheets as of December 31, 2018 and 2017 were as follows (in thousands):

	Year ended December 31, 2018				October 27, 2017 to December 31, 2017
Changes in projected benefit obligations:
Projected benefit obligation, beginning of period	$	11,484			$	10,515
Service cost	449				68
Interest cost	150				25
Participant contributions	5				5
Benefits paid	(23		)		(3		)
Net actuarial loss on obligation	(414		)		562
Curtailment	(553		)		—
Settlement	(250		)		—
Currency loss	—				312
Projected benefit obligation, end of year	$	10,848			$	11,484
Changes in plan assets:
Fair value of plan assets, beginning of period	$	3,893			$	3,776
Actual return on plan assets	(53		)		(8		)
Employer contributions	292				22
Participant contributions	5				5
Administrative expenses	(22		)		(4		)
Benefits paid	(273		)		(3		)
Currency gain	—				105
Fair value of plan assets, end of year	$	3,842			$	3,893
Funded status at end of year	$	(7,006	)		$	(7,591	)
Amounts recognized in accumulated other comprehensive loss consist of:
Net actuarial loss	$	222			$	578
Amounts recognized in the consolidated balance sheets consist of:
Accrued expenses and other (current pension liability)	$	(75	)		$	(67	)
Other long-term liabilities (non-current pension liability)	(6,931		)		(7,524		)
Net amount recognized	$	(7,006	)		$	(7,591	)

Schedule of Accumulated Benefit Obligations

Plans with underfunded or non-funded accumulated benefit obligations at December 31, 2018 and 2017 were as follows (in thousands):

	December 31, 2018				December 31, 2017
Aggregate projected benefit obligation	$	10,848			$	11,484
Aggregate accumulated benefit obligation	$	7,152			$	7,793
Aggregate fair value of plan assets	$	3,842			$	3,893

Schedule of Net Benefit Costs

Net periodic benefit costs for the year ended December 31, 2018 and the period from the Merger Date to December 31, 2017 were as follows (in thousands):

	Year ended December 31, 2018				October 27, 2017 to December 31, 2017
Service cost	$	449			$	68
Interest cost	150				25
Expected return on plan assets	(45		)		(8		)
Plan asset expenses	22				4
Curtailment gain	(510		)		—
Settlement loss	3				—
Net periodic benefit costs	$	69			$	89

Schedule of Expected Benefit Payments

Expected benefit payments for the next ten years are as follows:

Years ending December 31,
2019	$	75
2020	45
2021	94
2022	47
2023	231
2024 to 2028	643
	$	1,135

Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)

The changes in plan assets and benefit obligations recognized in other comprehensive income (loss) before tax for the year ended December 31, 2018 and the period from the Merger Date to December 31, 2017 were as follows (in thousands):

	Year ended December 31, 2018				October 27, 2017 to December 31, 2017
Net (gain) loss	$	(356	)		$	578

Schedule of Assumptions Used

The principal weighted average assumptions used to determine net period benefit cost for the year ended December 31, 2018 and the period from the Merger Date to December 31, 2017 were as follows:

	Year ended December 31, 2018			October 27, 2017 to December 31, 2017
Discount rate	1.50	%		1.49	%
Expected long-term return on plan assets	1.34	%		1.23	%
Rate of compensation increase	3.38	%		3.38	%

The principal weighted average assumptions used to determine the benefit obligation at December 31, 2018 and 2017 were as follows:

	December 31, 2018			December 31, 2017
Discount rate	1.30	%		1.31	%
Rate of compensation increase	2.83	%		3.38	%

X

- Definition

Tabular disclosure of the change in the benefit obligation, fair value of plan assets, and funded status of pension plans or other employee benefit plans.

+ 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 (a)(b)(c)
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920

+ Details

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

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=108410482&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 assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

+ 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 (k)
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920

+ Details

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

X

- Definition

Tabular disclosure of the changes in plan assets and benefit obligations recognized in other comprehensive income (loss) during the period.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossTableTextBlock
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=108410482&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=108410482&loc=d3e1928-114920

+ Details

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