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Retirement Benefits (Tables)
9 Months Ended
Sep. 30, 2017
Pension Benefits  
Defined Benefit Plan Disclosure [Line Items]  
Components of Net Periodic Benefit Cost for Defined Benefit Plans and Other Postretirement Plans
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 2017-07 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 $0.8 million and $2.4 million, respectively, were reclassified from Selling, general and administrative expenses to Other (income) expense - net for the three and nine months ended September 30, 2016 to conform to current period presentation.
 
 
 
 
 
 
 
 
 
Pension Benefits
 
Three Months Ended September 30,
 
2017
 
2016
 
U.S.
 
Non-U.S.
 
U.S.
 
Non-U.S.
Service cost
$
224

 
$
520

 
$
181

 
$
331

Interest cost
687

 
332

 
788

 
344

Expected return on plan assets
(986
)
 
(277
)
 
(1,233
)
 
(203
)
Net amortization
641

 
418

 
766

 
241

Net periodic benefit cost
$
566

 
$
993

 
$
502

 
$
713

 
Pension Benefits
 
Nine Months Ended September 30,
 
2017
 
2016
 
U.S.
 
Non-U.S.
 
U.S.
 
Non-U.S.
Service cost
$
732

 
$
1,496

 
$
769

 
$
934

Interest cost
2,008

 
957

 
2,282

 
1,049

Expected return on plan assets
(2,874
)
 
(811
)
 
(3,583
)
 
(642
)
Net amortization
1,924

 
1,195

 
2,420

 
722

Net periodic benefit cost
$
1,790

 
$
2,837

 
$
1,888

 
$
2,063

Other Postretirement Benefits  
Defined Benefit Plan Disclosure [Line Items]  
Components of Net Periodic Benefit Cost for Defined Benefit Plans and Other Postretirement Plans
 
Other Postretirement Benefits
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Service cost
$
152

 
$
181

 
$
456

 
$
494

Interest cost
203

 
224

 
611

 
622

Net amortization
(198
)
 
(154
)
 
(595
)
 
(462
)
Net periodic benefit cost
$
157

 
$
251

 
$
472

 
$
654