Other Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2015

Compensation and Retirement Disclosure [Abstract]

Amounts recognized in other comprehensive earnings

Amounts recognized in other comprehensive (loss) income during the years ended December 31, 2015, 2014 and 2013, net of tax, are as follows (in thousands):

	Year Ended December 31,
	2015		2014			2013
Net earnings (loss)	$	500	$	(372	)	$	2,665
Prior service cost	161		160			296
	$	661	$	(212	)	$	2,961

Components of accumulated other comprehensive earnings (loss) related to the Company’s pension plans

The following table sets forth the changes in the balances of each component of accumulated other comprehensive earnings (loss) for the year ended December 31, 2015:

	Pension Plans Items			Cash Flow Hedge Items			Foreign Currency Items			Total
December 31, 2014	$	(2,378	)	$	925		$	(61,956	)	$	(63,409	)
Other comprehensive income (loss) before reclassifications, net of tax	500			(1,135		)	(61,776		)	(62,411		)
Amounts reclassified from accumulated other comprehensive earnings (loss), net of tax	161			533			—			694
Net current period other comprehensive income (loss), net of tax	661			(602		)	(61,776		)	(61,717		)
Balance, December 31, 2015	$	(1,717	)	$	323		$	(123,732	)	$	(125,126	)

Components of accumulated other comprehensive earnings (loss) related to the Company’s pension plans as of December 31, 2015 and 2014 are as follows (in thousands):

	December 31,
	2015			2014
Net loss	$	(1,708	)	$	(2,208	)
Prior service cost	(9		)	(170		)
	$	(1,717	)	$	(2,378	)

Summary of the components of the net periodic pension expense for the benefit obligation and fund assets of the plans

A summary of the components of the net periodic pension expense for the benefit obligation and fund assets of the plans is as follows (in thousands):

	Year Ended December 31,
	2015			2014
Change in benefit obligation:
Benefit obligation at January 1	$	11,813		$	12,551
Service costs	156			166
Interest costs	353			444
Actuarial (gain) loss	(199		)	890
Benefits paid	(312		)	(1,338		)
Foreign currency changes	(385		)	(900		)
Benefit obligation at December 31	$	11,426		$	11,813
Fair value of plan assets at December 31	$	—		$	—
Unfunded status at December 31	$	11,426		$	11,813
Amounts recognized in the Consolidated Balance Sheets:
Current liabilities	$	307		$	335
Non-current liabilities	$	11,119		$	11,478

Weighted average assumptions used

The weighted average assumptions used are as follows:

	Year Ended December 31,
	2015		2014
Net periodic benefit cost:
SERP:
Discount rate	3.75	%	4.75	%
Rate of increase in compensation levels	3.00	%	3.00	%
Defined benefit pension plan for employees outside the United States:
Discount rate	2.60	%	1.90	%
Funded status and projected benefit obligation:
SERP:
Discount rate	4.00	%	3.75	%
Rate of increase in compensation levels	3.00	%	3.00	%
Defined benefit pension plan for employees outside the United States:
Discount rate	2.60	%	1.90	%

Benefits expected to be paid under the plans

Benefits expected to be paid under the plans are approximately (in thousands):

2016	$	307
2017	291
2018	275
2019	272
2020	262
Five years thereafter	10,002
	$	11,409

Components of net periodic benefit cost

Components of net periodic benefit cost are as follows (in thousands):

	Year Ended December 31,
	2015		2014		2013
Service costs	$	156	$	166	$	254
Interest costs	353		444		883
Net amortization and deferral	513		279		1,111
Settlement loss	—		163		3,305
Net periodic pension costs	$	1,022	$	1,052	$	5,553

Components of net periodic benefit cost expected to be recognized from amounts in accumulated other comprehensive earnings (loss)

Components of net periodic benefit cost expected to be recognized from amounts in accumulated other comprehensive earnings (loss) during the year ending December 31, 2016 are as follows (in thousands):

	Year Ending December 31, 2016
Net loss	$	148
Net prior service cost	24
	$	172