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Pensions and Other Postretirement Benefits (Tables)
 12 Months Ended
Dec. 31, 2011
Pensions and Other Postretirement Benefits [Abstract]  
Retirement Plan amounts recorded on consolidated balance sheets
The following table summarizes amounts recorded on the consolidated balance sheets associated with these various retirement benefit plans:

   
December 31,
 
   
2011
  
2010
 
        
Included in "Other Assets":
      
Non-U.S. pension plans
 $802  $1,741 
Total included in other assets
 $802  $1,741 
Accrued pension and other postretirement costs:
        
U.S. pension plans
 $(83,482) $(65,090)
Non-U.S. pension plans
  (209,224)  (201,150)
U.S. other postretirement plans
  (10,924)  (10,633)
Non-U.S. other postretirement plans
  (5,972)  (5,801)
Other retirement obligations
  (9,534)  (8,443)
Total accrued pension and other postretirement costs
 $(319,136) $(291,117)
Accumulated other comprehensive loss:
        
U.S. pension plans
 $135,009  $108,239 
Non-U.S. pension plans
  41,494   28,454 
U.S. other postretirement plans
  (4,142)  (5,516)
Total accumulated other comprehensive loss*
 $172,361  $131,177 

* - Amounts included in accumulated other comprehensive loss are presented in this table pre-tax.
Reconciliation of benefit obligation, plan assets, an funded status
The following table sets forth a reconciliation of the benefit obligation, plan assets, and funded status related to U.S. and non-U.S. pension plans:

   
December 31, 2011
  
December 31, 2010
 
   
U.S.
Plans
  
Non-U.S.
Plans
  
U.S.
Plans
  
Non-U.S.
Plans
 
 
Change in benefit obligation:
            
Benefit obligation at beginning of year
 $303,613  $231,870  $289,430  $231,416 
Service cost
  -   3,197   -   3,027 
Interest cost
  16,332   10,366   16,341   10,774 
Plan amendments
  -   531   8,777   163 
Spin-off of VPG
  -   -   (1,255)  (13,882)
Actuarial (gains) losses
  20,320   14,986   7,379   20,899 
Benefits paid
  (17,738)  (12,764)  (17,059)  (10,991)
Currency translation
  -   (4,220)  -   (9,536)
Benefit obligation at end of year
 $322,527  $243,966  $303,613  $231,870 
                  
Change in plan assets:
                
Fair value of plan assets at beginning of year
 $238,523  $32,461  $216,641  $34,762 
Actual return on plan assets
  1,117   830   26,116   2,376 
Spin-off of VPG
  -   -   -   (8,939)
Company contributions
  17,143   15,325   12,825   14,427 
Benefits paid
  (17,738)  (12,763)  (17,059)  (10,991)
Currency translation
  -   (309)  -   826 
Fair value of plan assets at end of year
 $239,045  $35,544  $238,523  $32,461 
                  
Funded status at end of year
 $(83,482) $(208,422) $(65,090) $(199,409
The following table sets forth a reconciliation of the benefit obligation, plan assets, and accrued benefit cost related to U.S. and non-U.S. non-pension defined benefit postretirement plans:

   
December 31, 2011
  
December 31, 2010
 
   
U.S.
Plans
  
Non-U.S. Plans
  
U.S.
Plans
  
Non-U.S. Plans
 
 
Change in benefit obligation:
            
Benefit obligation at beginning of year
 $10,633  $5,801  $13,617  $5,841 
Service cost
  77   275   95   255 
Interest cost
  547   282   640   291 
Spin-off of VPG
  -   -   (2,493)  - 
Actuarial (gains) losses
  675   341   (148)  778 
Benefits paid
  (1,008)  (618)  (1,078)  (854)
Currency translation
  -   (109)  -   (510)
Benefit obligation at end of year
 $10,924  $5,972  $10,633  $5,801 
                  
Fair value of plan assets at end of year
 $-  $-  $-  $- 
                  
Funded status at end of year
 $(10,924) $(5,972) $(10,633) $(5,801)
Amounts recognized in consolidated balance sheet
Amounts recognized in the consolidated balance sheet consist of the following:

   
December 31, 2011
  
December 31, 2010
 
   
U.S.
Plans
  
Non-U.S.
Plans
  
U.S.
Plans
  
Non-U.S.
Plans
 
 
Other assets
 $-  $802  $-  $1,741 
Accrued benefit liability
  (83,482)  (209,224)  (65,090)  (201,150)
Accumulated other comprehensive loss
  135,009   41,494   108,239   28,454 
   $51,527  $(166,928) $43,149  $(170,955)

Amounts recognized in the consolidated balance sheet consist of the following:

   
December 31, 2011
  
December 31, 2010
 
   
U.S.
Plans
  
Non-U.S. Plans
  
U.S.
Plans
  
Non-U.S. Plans
 
 
Accrued benefit liability
 $(10,924) $(5,972) $(10,633) $(5,801)
Accumulated other comprehensive income
  (4,142)  -   (5,516)  - 
   $(15,066) $(5,972) $(16,149) $(5,801)
Components of actuarial items
Actuarial items consist of the following:

   
December 31, 2011
  
December 31, 2010
 
   
U.S.
Plans
  
Non-U.S.
Plans
  
U.S.
Plans
  
Non-U.S.
Plans
 
 
Unrecognized net actuarial loss
 $130,608  $41,494  $101,236  $28,454 
Unamortized prior service cost
  4,401   -   7,003   - 
   $135,009  $41,494  $108,239  $28,454 
Actuarial items consist of the following:

   
December 31, 2011
  
December 31, 2010
 
   
U.S.
Plans
  
Non-U.S. Plans
  
U.S.
Plans
  
Non-U.S. Plans
 
 
Unrecognized net actuarial gain
 $(2,309) $-  $(3,299) $- 
Unamortized prior service (credit) cost
  (1,865)  -   (2,296)  - 
Unrecognized net transition obligation
  32   -   79   - 
   $(4,142) $-  $(5,516) $- 
Projected and accumulated benefit obligations
The following table sets forth additional information regarding the projected and accumulated benefit obligations:

   
December 31, 2011
  
December 31, 2010
 
   
U.S.
Plans
  
Non-U.S.
Plans
  
U.S.
Plans
  
Non-U.S.
Plans
 
 
Accumulated benefit obligation, all plans
 $322,527  $225,381  $303,613  $213,893 
                  
Plans for which the accumulated benefit obligation exceeds plan assets:
                
Projected benefit obligation
 $322,527  $236,323  $303,613  $225,291 
Accumulated benefit obligation
  322,527   221,637   303,613   210,786 
Fair value of plan assets
  239,045   27,098   238,523   24,178 
Components of the net periodic benefit costs
The following table sets forth the components of net periodic pension cost:

   
Years ended December 31,
 
   
2011
  
2010
  
2009
 
   
U.S.
Plans
  
Non-U.S.
Plans
  
U.S.
Plans
  
Non-U.S.
Plans
  
U.S.
Plans
  
Non-U.S.
Plans
 
 
Service cost net of employee contributions
 $-  $3,197  $-  $3,027  $-  $2,991 
Interest cost
  16,332   10,366   16,341   10,774   16,745   11,174 
Expected return on plan assets
  (19,082)  (1,651)  (18,098)  (1,629)  (14,955)  (1,689)
Amortization of actuarial losses
  9,006   993   9,315   160   11,300   70 
Amortization of prior service cost
  2,361   531   1,477   163   34   94 
Curtailment and settlement losses (gains)
  148   -   -   -   -   405 
Net periodic benefit cost
 $8,765  $13,436  $9,035  $12,495  $13,124  $13,045 

The following table sets forth the components of net periodic benefit cost:

   
Years ended December 31,
 
   
2011
  
2010
  
2009
 
   
U.S.
Plans
  
Non-U.S.
Plans
  
U.S.
Plans
  
Non-U.S.
Plans
  
U.S.
Plans
  
Non-U.S.
Plans
 
 
Service cost
 $77  $275  $95  $255  $113  $330 
Interest cost
  547   282   640   291   810   391 
Amortization of actuarial gains
  (315)  -   (244)  -   (300)  - 
Amortization of prior service credit
  (431)  -   (434)  -   (441)  - 
Amortization of transition obligation
  47   -   61   -   74   - 
Net periodic benefit cost
 $(75) $557  $118  $546  $256  $721 
Weighted average assumptions used
The following weighted average assumptions were used to determine benefit obligations at December 31 of the respective years:

   
2011
  
2010
 
   
U.S.
Plans
  
Non-U.S.
Plans
  
U.S.
Plans
  
Non-U.S.
Plans
 
 
Discount rate
  5.00%  3.96%  5.50%  4.50%
Rate of compensation increase
  0.00%  2.31%  0.00%  2.19%

The following weighted average assumptions were used to determine the net periodic pension costs for the years ended December 31, 2011 and 2010:

   
Years ended December 31,
 
   
2011
  
2010
 
   
U.S.
Plans
  
Non-U.S.
Plans
  
U.S.
Plans
  
Non-U.S.
Plans
 
 
Discount rate
  5.50%  4.50%  5.75%  5.19%
Rate of compensation increase
  0.00%  2.19%  0.00%  2.34%
Expected return on plan assets
  8.00%  4.26%  8.50%  4.89%

The following weighted average assumptions were used to determine benefit obligations at December 31 of the respective years:

   
2011
  
2010
 
   
U.S.
Plans
  
Non-U.S. Plans
  
U.S.
Plans
  
Non-U.S. Plans
 
 
Discount rate
  5.00%  5.09%  5.50%  4.80%
Rate of compensation increase
  0.00%  3.22%  0.00%  3.00%

The following weighted average assumptions were used to determine the net periodic benefit costs for the years ended December 31, 2011 and 2010:

   
Years ended December 31,
 
   
2011
  
2010
 
   
U.S.
Plans
  
Non-U.S. Plans
  
U.S.
Plans
  
Non-U.S. Plans
 
 
Discount rate
  5.50%  4.80%  5.75%  5.50%
Rate of compensation increase
  0.00%  3.00%  0.00%  3.46%
Allocation of plan assets
Plan assets are comprised of:

   
December 31, 2011
  
December 31, 2010
 
   
U.S.
Plans
  
Non-U.S.
Plans
  
U.S.
Plans
  
Non-U.S.
Plans
 
 
Equity securities
  61%  19%  63%  24%
Fixed income securities
  39%  29%  36%  26%
Cash and cash equivalents
  0%  52%  1%  50%
Total
  100%  100%  100%  100%
Estimated future benefit payments
Estimated future benefit payments are as follows:

       
U.S.
Plans
Non-U.S.
Plans
       
   
2012
 
 $18,121
 $11,524
   
2013
 
 18,592
 12,984
   
2014
 
 25,359
 14,026
   
2015
 
 20,737
 12,950
   
2016
 
 21,096
 13,522
   
2017-2021
 
 106,408
 77,915

Estimated future benefit payments are as follows:

 
U.S.
Plans
 
Non-U.S. Plans
   
2012
 $1,024
 
 $581
2013
 1,018
 
 221
2014
 1,010
 
 331
2015
 1,012
 
 376
2016
 1,000
 
 509
2017-2021
 4,369
 
 3,090