Pension and Other Postretirement Benefits (Tables)

12 Months Ended

Dec. 31, 2014

Defined Benefit Plan Disclosure [Line Items]

Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets

Projected benefit obligations related to pension plans with benefit obligations in excess of plan assets follow:

	2014						2013
	U.S.		Non-U.S.		Total		U.S.		Non-U.S.		Total
Projected benefit obligation	$	297,067	$	29,971	$	327,038	$	31,231	$	27,415	$	58,646
Fair value of plan assets	234,305		17,660		251,965		—		19,353		19,353

Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets

Information related to pension plans with accumulated benefit obligations in excess of plan assets follows:

	2014						2013
	U.S.		Non-U.S.		Total		U.S.		Non-U.S.		Total
Projected benefit obligation	$	297,067	$	23,496	$	320,563	$	31,231	$	9,421	$	40,652
Accumulated benefit obligation	286,217		20,446		306,663		30,913		8,994		39,907
Fair value of plan assets	234,305		12,552		246,857		—		1,779		1,779

Schedule of Amounts Recognized in Other Comprehensive Income (Loss)

The sources of changes in accumulated other non-owner changes to equity, net, during 2014 were:

	Pension			Other Postretirement Benefits
Net loss	$	(48,957	)	$	(1,930	)
Amortization of prior service costs (credits)	570			(544		)
Amortization of actuarial loss	6,477			628
Foreign exchange rate changes	1,765			(25		)
	$	(40,145	)	$	(1,871	)

Schedule of Assumptions Used, Benefit Obligation

Weighted-average assumptions used to determine benefit obligations at December 31, are:

	2014		2013
U.S. plans:
Discount rate	4.25	%	5.20	%
Increase in compensation	3.73	%	3.72	%
Non-U.S. plans:
Discount rate	2.74	%	3.93	%
Increase in compensation	2.72	%	2.76	%

Schedule of Allocation of Plan Assets

The fair values of the Company’s pension plan assets at December 31, 2014 and 2013, by asset category are as follows:

			Fair Value Measurements Using
Asset Category	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
December 31, 2014
Cash and short-term investments	$	10,805	$	10,805	$	—	$	—
Equity securities:
U.S. large-cap	137,051		65,484		71,567		—
U.S. mid-cap	48,614		48,614		—		—
U.S. small-cap	47,972		47,972		—		—
International equities	71,451		—		71,451		—
Fixed income securities:
U.S. bond funds	79,810		—		79,810		—
International bonds	35,949		—		35,949		—
Real estate securities	18,915		—		18,915		—
Other	2,120		—		—		2,120
	$	452,687	$	172,875	$	277,692	$	2,120
December 31, 2013
Cash and short-term investments	$	18,885	$	18,885	$	—	$	—
Equity securities:
U.S. large-cap	131,749		61,257		70,492		—
U.S. mid-cap	47,276		47,276		—		—
U.S. small-cap	53,627		53,627		—		—
International equities	80,479		—		80,479		—
Fixed income securities:
U.S. bond funds	65,740		—		65,740		—
International bonds	37,357		—		37,357		—
Real estate securities	16,686		—		16,686		—
Other	1,779		—		—		1,779
	$	453,578	$	181,045	$	270,754	$	1,779

Schedule of Expected Benefit Payments

The following are the estimated future net benefit payments, which include future service, over the next 10 years:

	Pensions		Other Postretirement Benefits
2015	$	29,161	$	4,547
2016	29,319		4,177
2017	29,471		3,971
2018	29,745		4,108
2019	30,570		3,846
Years 2020-2024	151,904		16,112
Total	$	300,170	$	36,761

Schedule of Net Benefit Costs

Pension and other postretirement benefit expenses consist of the following:

	Pensions									Other Postretirement Benefits
	2014			2013			2012			2014			2013			2012
Service cost	$	4,546		$	6,181		$	6,530		$	139		$	233		$	273
Interest cost	22,026			20,112			21,624			2,179			2,061			2,532
Expected return on plan assets	(34,232		)	(33,144		)	(32,827		)	—			—			—
Amortization of prior service cost (credit)	648			752			845			(871		)	(1,006		)	(1,585		)
Recognized losses	8,617			16,365			12,048			1,017			1,004			1,082
Curtailment loss (gain)	219			199			—			4			(3,081		)	—
Settlement loss	871			637			92			—			—			—
Special termination benefits	715			1,016			—			—			—			—
Net periodic benefit cost	$	3,410		$	12,118		$	8,312		$	2,468		$	(789	)	$	2,302

Schedule of Assumptions Used, Net Benefit Expense

Weighted-average assumptions used to determine net benefit expense for years ended December 31, are:

	2014		2013		2012
U.S. plans:
Discount rate	5.20	%	4.25	%	5.05	%
Long-term rate of return	9.00	%	9.00	%	9.00	%
Increase in compensation	3.72	%	3.71	%	3.71	%
Non-U.S. plans:
Discount rate	3.93	%	3.73	%	4.46	%
Long-term rate of return	5.07	%	5.33	%	5.79	%
Increase in compensation	2.76	%	2.69	%	2.76	%

Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates

A one percentage point change in the assumed health care cost trend rate would have the following effects:

	One Percentage Point Increase		One Percentage Point Decrease
Effect on postretirement benefit obligation	$	509	$	(467	)
Effect on postretirement benefit cost	25		(23		)

Schedule of Multiemployer Plans

Contributions related to the individually insignificant multi-employer plans, as disclosure is required pursuant to the applicable accounting standards, are as follows:

	Contributions by the Company
Pension Fund:	2014		2013		2012
Teamsters Local 641 Pension Fund (Edison, New Jersey)	$	—	$	23	$	97
Swedish Pension Plan (ITP2)	379		414		409
Total Contributions	$	379	$	437	$	506

Defined benefit pension plans [Member]

Defined Benefit Plan Disclosure [Line Items]

Schedule of Net Funded Status

The accompanying balance sheets reflect the funded status of the Company’s defined benefit pension plans at December 31, 2014 and 2013, respectively. Reconciliations of the obligations and funded status of the plans follow:

	2014									2013
	U.S.			Non-U.S.			Total			U.S.			Non-U.S.			Total
Benefit obligation, January 1	$	374,740		$	78,982		$	453,722		$	423,547		$	72,769		$	496,316
Service cost	3,549			997			4,546			5,403			778			6,181
Interest cost	19,129			2,897			22,026			17,571			2,541			20,112
Actuarial (gain) loss	58,906			9,728			68,634			(40,734		)	31			(40,703		)
Benefits paid	(23,960		)	(3,405		)	(27,365		)	(23,348		)	(4,712		)	(28,060		)
Transfers in	—			1,929			1,929			—			6,786			6,786
Plan curtailments	—			—			—			(8,715		)	—			(8,715		)
Plan settlements	—			(4,949		)	(4,949		)	—			—			—
Special termination benefit	715			—			715			1,016			—			1,016
Participant contributions	—			906			906			—			545			545
Foreign exchange rate changes	—			(6,780		)	(6,780		)	—			244			244
Benefit obligation, December 31	433,079			80,305			513,384			374,740			78,982			453,722
Fair value of plan assets, January 1	379,059			74,519			453,578			323,711			63,842			387,553
Actual return on plan assets	20,436			6,349			26,785			74,622			6,357			80,979
Company contributions	5,402			2,219			7,621			4,074			1,910			5,984
Participant contributions	—			906			906			—			545			545
Benefits paid	(23,960		)	(3,405		)	(27,365		)	(23,348		)	(4,712		)	(28,060		)
Plan settlements	—			(4,949		)	(4,949		)	—			—			—
Transfers in	—			1,929			1,929			—			6,627			6,627
Foreign exchange rate changes	—			(5,818		)	(5,818		)	—			(50		)	(50		)
Fair value of plan assets, December 31	380,937			71,750			452,687			379,059			74,519			453,578
Funded/(underfunded) status, December 31	$	(52,142	)	$	(8,555	)	$	(60,697	)	$	4,319		$	(4,463	)	$	(144	)

Schedule of Amounts Recognized in Balance Sheet

Amounts related to pensions recognized in the accompanying balance sheets consist of:

	2014									2013
	U.S.			Non-U.S.			Total			U.S.			Non-U.S.			Total
Other assets	$	10,620		$	3,882		$	14,502		$	35,550		$	3,599		$	39,149
Accrued liabilities	2,810			376			3,186			2,707			627			3,334
Accrued retirement benefits	59,952			12,061			72,013			28,524			7,435			35,959
Accumulated other non-owner changes to equity, net	(86,925		)	(20,689		)	(107,614		)	(48,564		)	(18,858		)	(67,422		)

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss)

Amounts related to pensions recognized in accumulated other non-owner changes to equity, net of tax, at December 31, 2014 and 2013, respectively, consist of:

	2014									2013
	U.S.			Non-U.S.			Total			U.S.			Non-U.S.			Total
Net actuarial loss	$	(86,399	)	$	(20,406	)	$	(106,805	)	$	(47,538	)	$	(18,477	)	$	(66,015	)
Prior service costs	(526		)	(283		)	(809		)	(1,026		)	(381		)	(1,407		)
	$	(86,925	)	$	(20,689	)	$	(107,614	)	$	(48,564	)	$	(18,858	)	$	(67,422	)

Other postretirement benefit plans [Member]

Defined Benefit Plan Disclosure [Line Items]

Schedule of Net Funded Status

The accompanying balance sheets reflect the underfunded status of the Company’s other postretirement benefit plans at December 31, 2014 and 2013. Reconciliations of the obligations and underfunded status of the plans follow:

	2014			2013
Benefit obligation, January 1	$	46,243		$	53,988
Service cost	139			233
Interest cost	2,179			2,061
Actuarial (gain) loss	3,049			(2,328		)
Benefits paid	(7,568		)	(9,133		)
Curtailment gain	—			(1,675		)
Participant contributions	2,833			3,039
Foreign exchange rate changes	(61		)	58
Benefit obligation, December 31	46,814			46,243
Fair value of plan assets, January 1	—			—
Company contributions	4,735			6,094
Participant contributions	2,833			3,039
Benefits paid	(7,568		)	(9,133		)
Fair value of plan assets, December 31	—			—
Underfunded status, December 31	$	46,814		$	46,243

Schedule of Amounts Recognized in Balance Sheet

Amounts related to other postretirement benefits recognized in the accompanying balance sheets consist of:

	2014			2013
Accrued liabilities	$	5,047		$	4,891
Accrued retirement benefits	41,767			41,352
Accumulated other non-owner changes to equity, net	(7,675		)	(5,804		)

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss)

Amounts related to other postretirement benefits recognized in accumulated other non-owner changes to equity, net of tax, at December 31, 2014 and 2013 consist of:

	2014			2013
Net actuarial loss	$	(8,212	)	$	(6,885	)
Prior service credits	537			1,081
	$	(7,675	)	$	(5,804	)