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Post-Employment Benefit Liabilities
6 Months Ended
Jun. 30, 2014
Compensation And Retirement Disclosure [Abstract]  
Post-Employment Benefit Liabilities

Note 6. Post-Employment Benefit Liabilities

We provide certain post-employment benefits to employees at our Pinerolo and Veenendaal Plants that are either required by law or are local labor practice. These plans are described below.

In accordance with Italian law, we have an unfunded severance plan covering our Pinerolo Plant employees under which all employees at that location are entitled to receive severance indemnities upon termination of their employment.

 

We have certain plans that cover our Veenendaal Plant employees that provide awards for employees who achieve 25 or 40 years of service and awards for employees upon retirement. The plans are unfunded and the benefits are based on years of service and rate of compensation at the time the award is paid.

The amounts shown in the table below represent the combined actual liabilities at June 30, 2014 and December 31, 2013, reported as a component of Other non-current liabilities in the Condensed Consolidated Balance Sheets.

 

     June 30,
2014
    December 31,
2013
 

Beginning balance

   $ 6,920      $ 6,930   

Amounts accrued

     204        1,019   

Payments to employees/government managed plan

     (148     (1,331

Foreign currency impacts

     (66     302   
  

 

 

   

 

 

 

Ending balance

   $ 6,910      $ 6,920