PENSION, PROFIT SHARING AND OTHER BENEFIT PLANS (Tables)

12 Months Ended

Sep. 30, 2014

PENSION, PROFIT SHARING AND OTHER BENEFIT PLANS

Schedule of projected benefit obligation, ABO and fair value of plan assets for the defined benefit pension plans in which the ABO was in excess of the fair value of plan assets

The projected benefit obligation, accumulated benefit obligation (ABO) and fair value of plan assets for the defined benefit pension plans in which the ABO was in excess of the fair value of plan assets were as follows (in thousands):

September 30,	2014		2013
Projected benefit obligation	$	224,201	$	209,118
Accumulated benefit obligation	224,201		202,916
Fair value of plan assets	206,982		188,337

Schedule of changes in the projected benefit obligation and fair value of plan assets and the funded status

The following table sets forth changes in the projected benefit obligation and fair value of plan assets and the funded status for these defined benefit plans (in thousands):

September 30,	2014			2013
Change in benefit obligations:
Net benefit obligation at the beginning of the year	$	209,118		$	215,706
Service cost	636			532
Interest cost	9,967			8,867
Actuarial loss (gain)	10,730			(5,726		)
Plan amendments	(1,044		)	(1,178		)
Gross benefits paid	(6,229		)	(8,576		)
Foreign currency exchange rate changes	1,023			(507		)
Net benefit obligation at the end of the year	224,201			209,118
Change in plan assets:
Fair value of plan assets at the beginning of the year	188,337			169,323
Actual return on plan assets	21,127			24,707
Employer contributions	3,728			3,915
Gross benefits paid	(6,229		)	(8,576		)
Administrative expenses	(730		)	(843		)
Foreign currency exchange rate changes	749			(189		)
Fair value of plan assets at the end of the year	206,982			188,337
Unfunded status of the plans	(17,219		)	(20,781		)
Unrecognized net actuarial loss	33,376			31,657
Net amount recognized	$	16,157		$	10,876
Amounts recognized in Accumulated OCI
Liability adjustment to OCI	$	(33,376	)	$	(31,657	)
Deferred tax asset	9,925			9,291
Accumulated other comprehensive loss	$	(23,451	)	$	(22,366	)

Components of net periodic pension cost (benefit)

The components of net periodic pension cost (benefit) were as follows (in thousands):

Years ended September 30,	2014			2013			2012
Service cost	$	636		$	532		$	508
Interest cost	9,967			8,867			9,565
Expected return on plan assets	(13,183		)	(11,605		)	(10,091		)
Amortization of actuarial loss	802			1,798			1,593
Administrative expenses	152			76			82
Net pension cost	$	(1,626	)	$	(332	)	$	1,657

Schedule of weighted-average assumptions used to determine benefit obligation and net periodic benefit cost

Years ended September 30,	2014		2013		2012
Weighted-average assumptions used to determine benefit obligation at September 30:
Discount rate	4.2	%	4.8	%	4.3	%
Rate of compensation increase	3.2	%	4.4	%	3.8	%
Weighted-average assumptions used to determine net periodic benefit cost for the years ended September 30:
Discount rate	4.8	%	4.3	%	5.2	%
Expected return on plan assets	7.0	%	7.0	%	7.0	%
Rate of compensation increase	4.4	%	3.8	%	4.3	%

Schedule of target ranges for each major category of the plans' assets

The target ranges for each major category of the plans’ assets at September 30, 2014 are as follows:

Asset Category	Allocation Range
Equity securities	20% to 55%
Debt securities	25% to 75%
Cash	0% to 55%
Real estate	0% to 10%

Schedule of fair value of the assets of defined benefit pension plans by asset category and their level within the fair value hierarchy

The following tables present the fair value of the assets of our defined benefit pension plans by asset category and their level within the fair value hierarchy (in thousands).

	September 30, 2014								September 30, 2013
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Cash equivalents	$	1,863	$	407	$	—	$	2,270	$	2,361	$	475	$	—	$	2,836
Equity:
U.S. equity securities	—		43,351		—		43,351		—		54,870		—		54,870
Foreign equity securities	—		47,110		—		47,110		—		47,569		—		47,569
Fixed Income:
U.S. fixed-income funds	—		49,479		—		49,479		—		33,849		—		33,849
U.K. fixed-income funds	—		25,813		—		25,813		—		12,804		—		12,804
Diversified growth fund	—		31,863				31,863		—		30,146				30,146
Real Estate	—		—		7,096		7,096		—		—		6,263		6,263
Total	$	1,863	$	198,023	$	7,096	$	206,982	$	2,361	$	179,713	$	6,263	$	188,337

Schedule of changes during the fiscal year in the fair value of plan assets categorized as Level 3

The following table presents the changes in the fair value of plan assets categorized as Level 3 in the preceding table (in thousands):

	Real Estate
Balance as of October 1, 2012	$	5,614
Realized and unrealized gains, net	712
Purchases, sales and settlements, net	(63		)
Balance as of September 30, 2013	6,263
Realized and unrealized gains, net	898
Purchases, sales and settlements, net	(65		)
Balance as of September 30, 2014	$	7,096

Schedule of expected pension benefit payments, which reflect expected future service

We expect to pay the following pension benefit payments, which reflect expected future service, as appropriate, (in thousands):

2015	$	7,784
2016	8,208
2017	8,482
2018	9,043
2019	9,590
2020-2024	52,964