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Component: (Network and Table)
Network
2342301 - Disclosure - Pensions and Other Post-retirement Benefits (Tables)
(http://www.msasafety.com/role/PensionsAndOtherPostRetirementBenefitsTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Compensation and Retirement Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Compensation and Retirement Disclosure [Abstract]
 
Schedule Of Defined Benefit Pension Plans And Other Postretirement Benefits Plan
Information pertaining to defined benefit pension plans and other post-retirement benefits plans is provided in the following table:
 
Pension Benefits
 
Other Benefits
(In thousands)
2016
 
2015
 
2016
 
2015
Change in Benefit Obligations
 
 
 
 
 
 
 
Benefit obligations at January 1
$
491,180

 
$
519,194

 
$
22,974

 
$
26,851

Service cost
10,417

 
11,517

 
426

 
444

Interest cost
18,752

 
18,314

 
946

 
863

Participant contributions
100

 
105

 
222

 
255

Plan amendments
(1,092
)
 
604

 
(400
)
 

Actuarial (gains) losses
9,123

 
(21,073
)
 
1,285

 
(3,998
)
Benefits paid
(19,550
)
 
(19,261
)
 
(1,773
)
 
(1,441
)
Curtailments
(163
)
 

 

 

Settlements
(381
)
 
(2,094
)
 

 

Currency translation
(4,389
)
 
(16,126
)
 

 

Benefit obligations at December 31
503,997

 
491,180

 
23,680

 
22,974

Change in Plan Assets
 
 
 
 
 
 
 
Fair value of plan assets at January 1
419,088

 
445,299

 

 

Actual return on plan assets
31,418

 
(4,754
)
 

 

Employer contributions
3,878

 
4,058

 
1,551

 
1,186

Participant contributions
100

 
105

 
222

 
255

Settlements
(381
)
 
(2,094
)
 

 

Benefits paid
(19,550
)
 
(16,979
)
 
(1,773
)
 
(1,441
)
Reimbursement of German benefits

 
(2,282
)
 

 

Administrative Expenses Paid

 
6

 

 

Currency translation
(1,291
)
 
(4,271
)
 

 

Fair value of plan assets at December 31
433,262

 
419,088

 

 

Funded Status
 
 
 
 
 
 
 
Funded status at December 31
(70,735
)
 
(72,092
)
 
(23,680
)
 
(22,974
)
Unrecognized transition losses
8

 
12

 

 

Unrecognized prior service (credit) cost
(646
)
 
525

 
(1,505
)
 
(1,524
)
Unrecognized net actuarial losses
187,738

 
188,531

 
3,643

 
2,117

Net amount recognized
116,365

 
116,976

 
(21,542
)
 
(22,381
)
Amounts Recognized in the Balance Sheet
 
 
 
 
 
 
 
Noncurrent assets
62,916

 
62,072

 

 

Current liabilities
(4,620
)
 
(5,033
)
 
(1,638
)
 
(1,382
)
Noncurrent liabilities
(129,031
)
 
(129,131
)
 
(22,042
)
 
(21,592
)
Net amount recognized
(70,735
)
 
(72,092
)
 
(23,680
)
 
(22,974
)
Amounts Recognized in Accumulated Other Comprehensive Loss
 
 
 
 
 
 
 
Net actuarial losses
187,738

 
188,531

 
3,643

 
2,425

Prior service (credit) cost
(646
)
 
525

 
(1,505
)
 
(1,523
)
Unrecognized net initial obligation
8

 
12

 

 

Total (before tax effects)
187,100

 
189,068

 
2,138

 
902

Accumulated Benefit Obligations for all Defined Benefit Plans
465,448

 
453,382

 

 

 
 
Components Of Net Periodic Benefit (Credit) Cost
 
Pension Benefits
 
Other Benefits
(In thousands)
2016
 
2015
 
2014
 
2016
 
2015
 
2014
Components of Net Periodic Benefit Cost
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
10,417

 
$
11,517

 
$
9,425

 
$
426

 
$
444

 
$
538

Interest cost
18,752

 
18,314

 
19,340

 
946

 
863

 
1,107

Expected return on plan assets
(34,751
)
 
(34,130
)
 
(32,944
)
 

 

 

Amortization of transition amounts
2

 
2

 
2

 

 

 

Amortization of prior service (credit) cost
(14
)
 
66

 
84

 
(419
)
 
(335
)
 
(335
)
Recognized net actuarial losses
11,921

 
15,545

 
8,639

 
68

 
27

 
182

Settlement loss
5

 
641

 
290

 

 

 

Termination benefits

 

 

 

 

 

Net periodic benefit cost
$
6,332

 
$
11,955

 
$
4,836

 
$
1,021

 
$
999

 
$
1,492

 
 
Schedule Of Amounts Included In Accumulated Other Comprehensive Income Expected To Be Recognized In Net Periodic Benefit Costs
Amounts included in accumulated other comprehensive income expected to be recognized in 2017 net periodic benefit costs.
(In thousands)
Pension Benefits
 
Other Benefits
Loss recognition
$
12,255

 
$
103

Prior service credit recognition
(15
)
 
(288
)
Transition obligation recognition
1

 

 
 
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]
Information for pension plans with an accumulated benefit obligation in excess of plan assets.
(In thousands)
2016
 
2015
Aggregate accumulated benefit obligations (ABO)
$
147,531

 
$
147,864

Aggregate projected benefit obligations (PBO)
160,543

 
161,009

Aggregate fair value of plan assets
26,986

 
26,844

 
 
Schedule Of Assumptions Used To Determine Benefit Obligations And Net Periodic Benefit Cost
 
Pension Benefits
 
Other Benefits
 
2016
 
2015
 
2016
 
2015
Assumptions used to determine benefit obligations
 
 
 
 
 
 
 
Average discount rate
3.67
%
 
3.92
%
 
4.05
%
 
4.20
%
Rate of compensation increase
2.99
%
 
3.06
%
 

 

Assumptions used to determine net periodic benefit cost
 
 
 
 
 
 
 
Average discount rate
3.92
%
 
3.63
%
 
4.20
%
 
3.85
%
Expected return on plan assets
8.18
%
 
8.17
%
 

 

Rate of compensation increase
3.06
%
 
3.03
%
 

 

 
 
Schedule Of Expected Return On Assets For Net Periodic Pension Cost
 
Pension Plan Assets at
December 31,
 
2016
 
2015
Equity securities
70
%
 
67
%
Fixed income securities
20

 
24

Pooled investment funds
5

 
5

Insurance contracts
4

 
3

Cash and cash equivalents
1

 
1

Total
100
%
 
100
%
 
 
Summary Of Pension Plan Assets Measured At Fair Value On A Recurring Basis By Fair Value Hierarchy
The following table summarizes our pension plan assets measured at fair value on a recurring basis by fair value hierarchy level (See Note 18):
 
December 31, 2016
(In thousands)
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
 
Significant
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Fair
Value
Equity securities
$
242,161

 
$
62,299

 
$

 
$
304,460

Fixed income securities
25,109

 
62,667

 

 
87,776

Pooled investment funds

 
20,156

 

 
20,156

Insurance contracts

 

 
14,948

 
14,948

Cash and cash equivalents
5,922

 

 

 
5,922

Total
$
273,192

 
$
145,122

 
$
14,948

 
$
433,262

 
December 31, 2015
(In thousands)
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
 
Significant
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Fair
Value
Equity securities
$
225,191

 
$
55,428

 
$

 
$
280,619

Fixed income securities
29,903

 
70,164

 

 
100,067

Pooled investment funds

 
19,345

 

 
19,345

Insurance contracts

 

 
13,681

 
13,681

Cash and cash equivalents
5,376

 

 

 
5,376

Total
$
260,470

 
$
144,937

 
$
13,681

 
$
419,088

 
 
Schedule Of Reconciliation Of Level 3 Assets
The following table presents a reconciliation of Level 3 assets:
(In thousands)
Insurance
Contracts
 
Other
Balance January 1, 2015
$
15,069

 
$
753

Net realized and unrealized losses included in earnings
(1,526
)
 
(64
)
Net purchases, issuances and settlements
138

 
(184
)
Transfers out of Level 3


 
(505
)
Balance December 31, 2015
13,681

 

Net realized and unrealized gains included in earnings
975

 

Net purchases, issuances and settlements
292

 

Transfers out of Level 3

 

Balance December 31, 2016
$
14,948

 
$