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Retirement Benefits
9 Months Ended
Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Retirement Benefits
Retirement Benefits
The Company sponsors several qualified and nonqualified defined benefit and defined contribution pension plans and other postretirement plans for its employees. The following tables provide the components of net periodic benefit cost for its major defined benefit plans and its other postretirement plans.
 
 
 
 
 
 
 
 
 
Pension Benefits
 
Three Months Ended September 30,
 
2015
 
2014
 
U.S.
 
Non-U.S.
 
U.S.
 
Non-U.S.
Service cost
$
214

 
$
377

 
$
227

 
$
377

Interest cost
956

 
437

 
896

 
593

Expected return on plan assets
(1,186
)
 
(282
)
 
(1,219
)
 
(329
)
Net amortization
906

 
405

 
590

 
394

Net periodic benefit cost
$
890

 
$
937

 
$
494

 
$
1,035

 
Pension Benefits
 
Nine Months Ended September 30,
 
2015
 
2014
 
U.S.
 
Non-U.S.
 
U.S.
 
Non-U.S.
Service cost
$
965

 
$
1,134

 
$
872

 
$
1,143

Interest cost
2,831

 
1,305

 
3,002

 
1,797

Expected return on plan assets
(3,682
)
 
(838
)
 
(4,035
)
 
(986
)
Net amortization
2,585

 
1,334

 
1,964

 
833

Net periodic benefit cost
$
2,699

 
$
2,935

 
$
1,803

 
$
2,787


 
 
Other Postretirement Benefits
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Service cost
$
168

 
$
178

 
$
506

 
$
535

Interest cost
208

 
233

 
626

 
699

Net amortization
(95
)
 
(118
)
 
(314
)
 
(355
)
Net periodic benefit cost
$
281

 
$
293

 
$
818

 
$
879


The Company previously disclosed in its financial statements for the year ended December 31, 2014, that it expected to contribute approximately $1.6 million to its defined benefit plans and $0.5 million to its other postretirement benefit plans in 2015. The amount previously disclosed was based upon the Company’s minimum required contributions. During the first nine months of 2015, the Company made incremental discretionary contributions to its defined benefit plans. As of September 30, 2015, the Company now expects to contribute $6.1 million to its defined benefit plans and $0.7 million to its other postretirement benefit plans in 2015. The Company contributed a total of $5.0 million during the first nine months of 2015 to fund these plans.