Retirement Benefits

3 Months Ended

Mar. 31, 2017

Compensation and Retirement Disclosure [Abstract]

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. As disclosed in Note 1, the Company elected to early adopt ASU 2017-17 during the quarter ended March 31, 2017. As a result, the Company recorded Interest cost, Expected return on plan assets, and Net amortization within Other (income) expense - net. The Company adopted this standard retrospectively and thus $0.8 million was reclassified from Selling, general and administrative expenses to Other (income) expense - net for the three months ended March 31, 2016 to conform to current period presentation.



	Pension Benefits
	Three Months Ended March 31,
	2017						2016
	U.S.			Non-U.S.			U.S.			Non-U.S.
Service cost	$	254		$	482		$	294		$	299
Interest cost	660			308			747			350
Expected return on plan assets	(944		)	(264		)	(1,175		)	(219		)
Net amortization	642			382			827			238
Net periodic benefit cost	$	612		$	908		$	693		$	668



	Other Postretirement Benefits
		Three Months Ended March 31,
		2017			2016
Service cost		$	152		$	132
Interest cost		204			174
Net amortization		(198		)	(154		)
Net periodic benefit cost		$	158		$	152

The Company previously disclosed in its financial statements for the year ended December 31, 2016, that it expected to contribute approximately $5.8 million to its defined benefit plans and $0.1 million to its other postretirement benefit plans in 2017. As of March 31, 2017, the Company continues to expect to contribute approximately $5.8 million to its defined benefit plans and $0.1 million to its other postretirement benefit plans in 2017. The Company contributed a total of $0.6 million during the first three months of 2017 to fund these plans.