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Postretirement Benefits Other Than Pensions (Tables)
12 Months Ended
Dec. 31, 2012
Defined Benefit Plan Disclosure [Line Items]  
Schedule of postretirement benefit plans

The following table discloses information related to the Company’s postretirement benefit plans for the years ended December 31, 2011 and 2012:

 

                                 
    Year Ended December 31,  
    2011     2012  
    U.S.     Non-U.S.     U.S.     Non-U.S.  

Change in benefit obligation:

                               

Benefit obligations at beginning of year

  $ 57,523      $ 17,515      $ 43,447      $ 20,068   

Service cost

    1,196        635        542        650   

Interest cost

    3,004        917        1,795        822   

Actuarial loss (gain)

    (15,893)       2,898        4,605        1,217   

Benefits paid

    (2,084)       (1,449)       (2,408)       (692)  

Curtailment gain

    (384)       -            (1,541)       -       

Plan change

    -            -            (2,452)       (2,198)  

Other

    85        -            75        -       

Foreign currency exchange rate effect

    -            (448)       -            583   
   

 

 

   

 

 

   

 

 

   

 

 

 

Benefit obligation at end of year

  $ 43,447      $ 20,068      $ 44,063      $ 20,450   
   

 

 

   

 

 

   

 

 

   

 

 

 
         

Funded status of the plans

  $ (43,447)     $ (20,068)     $ (44,063)     $ (20,450)  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net amount recognized at December 31

  $ (43,447)     $ (20,068)     $ (44,063)     $ (20,450)  
   

 

 

   

 

 

   

 

 

   

 

 

 
Schedule of weighted average assumptions used to determine benefit obligations
                                 
    2011     2012  
    U.S.     Non-U.S.     U.S.     Non-U.S.  

Discount rate

    4.70     4.25     3.80     3.95
Schedule of weighted average assumptions used to determine net periodic benefit costs

The following table provides weighted average assumptions used to determine net periodic benefit costs for the five months ended May 31, 2010, the seven months ended December 31, 2010 and the years ended December 31, 2011 and 2012:

 

                                                                     
    Predecessor          Successor  
    Five Months  Ended
May 31, 2010
         Seven Months  Ended
December 31, 2010
    Year Ended December 31,  
             2011     2012  
    U.S.     Non-U.S.          U.S.     Non-U.S.     U.S.     Non-U.S.     U.S.     Non-U.S.  

Discount rate

    5.80%       6.80%           5.55%       5.65%       5.35%       5.25%       4.70%       4.25%  
Schedule of weighted average assumed annual rate of increase in the cost of health care benefits

A one-percentage point change in the assumed health care cost trend rate would have had the following effects:

 

                 
        Increase             Decrease      

Effect on service and interest cost components

  $ 309     $ (243)  

Effect on projected benefit obligations

        3,948       (3,174)  
Estimated benefit payments for domestic and foreign pension plans

The Company estimates its benefit payments for its domestic and foreign pension plans during the next ten years to be as follows:

 

                         
    U.S     Non-U.S     Total  

2013

  $         19,272     $         7,032     $         26,304  

2014

    16,402       6,782       23,184  

2015

    16,981       7,463       24,444  

2016

    17,699       9,498       27,197  

2017

    17,810       10,742       28,552  

2018-2022

    93,997       57,236       151,233  
Other Postretirement Benefit Plans, Defined Benefit [Member]
 
Defined Benefit Plan Disclosure [Line Items]  
Schedule of net periodic benefit cost for the plan

The following table provides the components of net periodic benefit costs for the plans:

 

                                                                     
    Predecessor          Successor  
    Five Months  Ended
May 31, 2010
         Seven Months  Ended
December 31, 2010
    Year Ended December 31,  
             2011     2012  
    U.S.     Non-U.S.          U.S.     Non-U.S.     U.S.     Non-U.S.     U.S.     Non-U.S.  

Service cost

  $ 481      $ 157          $ 705      $ 308      $ 1,196      $ 635      $ 542      $ 650   

Interest cost

    1,341        360            1,893        506        3,004        917        1,795        822   

Amortization of prior service cost (credit) and recognized actuarial loss (gain)

    (1,381)       (14)           -            -                  -            (1,777)       (54)  

Curtailment gain

    -            -                -            -            (384)       -            (1,539)       -       

Other

    35        -                50        -            85        -            75        -       
   

 

 

   

 

 

       

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

  $           476      $ 503          $ 2,648      $ 814      $ 3,903      $ 1,552      $ (904)     $ 1,418   
   

 

 

   

 

 

       

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Pension Plans, Defined Benefit [Member]
 
Defined Benefit Plan Disclosure [Line Items]  
Schedule of net periodic benefit cost for the plan

The following table provides the components of net periodic benefit cost for the five months ended May 31, 2010, the seven months ended December 31, 2010 and the years ended December 31, 2011 and 2012:

 

                                                                     
    Predecessor          Successor  
    Five Months Ended
May 31, 2010
         Seven Months Ended
December 31, 2010
    Year Ended December 31,  
             2011     2012  
    U.S.     Non-U.S.          U.S.     Non-U.S.     U.S.     Non-U.S.     U.S.     Non-U.S.  

Service cost

  $ 1,002     $ 893         $ 1,307     $ 1,426     $ 1,868     $ 3,088     $ 1,150     $ 3,126  

Interest cost

    6,278       2,871           8,973       4,032       14,746       7,865       13,902       7,793  

Expected return on plan assets

        (6,050         (1,460             (8,619         (2,051         (16,207         (4,036         (15,471         (4,027

Amortization of prior service cost and recognized actuarial loss

    1,467       70           -           -           19       40       496       377  

Curtailment (gain) settlement

    -           -               -           (3,405)       (387)       50       80       473  

Other

    -           -               -           28       180       -           -           -      
   

 

 

   

 

 

       

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

  $ 2,697     $ 2,374         $ 1,661     $ 30     $ 219     $ 7,007     $ 157     $ 7,742  
   

 

 

   

 

 

       

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Estimated benefit payments for domestic and foreign pension plans

The Company estimates its benefit payments for its postretirement benefit plans during the next ten years to be as follows:

 

                         
        U.S.             Non-U.S.               Total        

2013

  $ 2,562     $ 634     $ 3,196  

2014

    2,594       630       3,224  

2015

    2,621       634       3,255  

2016

    2,633       659       3,292  

2017

    2,675       677       3,352  

2018 - 2022

    13,207       4,248       17,455