Rendering

Component: (Network and Table)
Network
137 - Disclosure - Employee Benefit Plans (Tables)
(http://www.amriglobal.com/role/EmployeeBenefitPlansTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001065087 (http://www.sec.gov/CIK)
Compensation and Retirement Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Compensation and Retirement Disclosure [Abstract]
 
Schedule of Defined Benefit Plans Disclosures
The following table provides a reconciliation of the changes in the plans’ benefit obligations and fair value of the plans’ assets during the years ended December 31, 2016 and 2015, and a reconciliation of the funded status to the net amount recognized in the consolidated balance sheets as of December 31 (the plans’ measurement dates) of both years:
 
 
 
2016
 
2015
 
 
 
US Plan
 
Non-US Plan
 
Total
 
US Plan
 
Change in benefit obligation:
 
 
 
 
 
 
 
 
 
 
 
 
 
Benefit obligation at January 1
 
 
25,702
 
 
 
 
 
25,702
 
 
28,295
 
Benefit obligations acquired (a)
 
 
 
 
 
13,124
 
 
13,124
 
 
 
 
Service cost
 
 
 
 
 
190
 
 
190
 
 
-
 
Interest cost
 
 
972
 
 
124
 
 
1,096
 
 
955
 
Actuarial loss (gain)
 
 
11
 
 
(107)
 
 
(96)
 
 
(1,908)
 
Benefits paid
 
 
(1,656)
 
 
(411)
 
 
(2,067)
 
 
(1,640)
 
Foreign exchange translation
 
 
0
 
 
(641)
 
 
(641)
 
 
0
 
Benefit obligation at December 31
 
 
25,029
 
 
12,279
 
 
37,308
 
 
25,702
 
Change in plan assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Fair value of plan assets at January 1
 
 
18,265
 
 
-
 
 
18,265
 
 
19,540
 
Actual return on plan assets
 
 
1,185
 
 
-
 
 
1,185
 
 
(272)
 
Employer contributions
 
 
412
 
 
-
 
 
412
 
 
637
 
Benefits paid
 
 
(1,656)
 
 
-
 
 
(1,656)
 
 
(1,640)
 
Fair value of plan assets at December 31
 
 
18,206
 
 
-
 
 
18,206
 
 
18,265
 
Funded status
 
 
(6,823)
 
 
(12,279)
 
 
(19,102)
 
 
(7,437)
 
 
(a)
The Company’s non-U.S. plans were assumed with the Euticals Acquisition on July 11, 2016.
  
Schedule of Net Benefit Costs
The following table provides the components of net periodic benefit cost (income) for the years ended December 31:
 
 
 
2016
 
2015
 
2014
 
 
 
US Plans
 
Non-US Plans
 
Total
 
US Plans
 
US Plans
 
Service cost
 
$
-
 
$
179
 
$
179
 
$
-
 
$
-
 
Interest cost
 
 
972
 
 
124
 
 
1,096
 
 
955
 
 
1,018
 
Expected return on plan assets
 
 
(1,264)
 
 
-
 
 
(1,264)
 
 
(1,302)
 
 
(1,254)
 
Amortization of net loss (gain)
 
 
719
 
 
140
 
 
859
 
 
885
 
 
613
 
Net periodic benefit cost
 
 
427
 
 
443
 
 
870
 
 
538
 
 
377
 
Recognized in Accumulated Other Comprehensive Loss (AOCL) (pre-tax):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net actuarial loss
 
 
8,489
 
 
(107)
 
 
8,382
 
 
9,119
 
 
10,337
 
Total recognized in AOCL (pre-tax)
 
 
8,489
 
 
(107)
 
 
8,382
 
 
9,119
 
 
10,337
 
Total recognized in consolidated statements of operations and AOCL
 
$
8,916
 
$
336
 
$
9,252
 
$
9,657
 
$
10,714
 
  
Schedule of Weighted - Average Assumptions Used to Determine Net Periodic Benefit Cost
The following assumptions were used to determine the periodic pension cost for the defined benefit pension plans for the year ended December 31:
 
 
 
2016
 
 
2015
 
 
2014
 
 
 
US
 
 
Germany
 
 
Italy
 
 
France
 
 
US
 
 
US
 
Discount rate
 
 
3.75
%
 
 
1.30
%
 
 
1.50
%
 
 
1.40
%
 
 
3.90
%
 
 
3.50
%
Expected return on plan assets
 
 
7.25
%
 
 
-
 
 
 
-
 
 
 
-
 
 
 
7.50
%
 
 
7.30
%
Rate of compensation increase
 
 
N/A
 
 
 
2.50
%
 
 
2.63
%
 
 
2.50
%
 
 
N/A
 
 
 
N/A
 
  
Schedule of Allocation of Plan Assets
The Company’s pension plan weighted-average asset allocations at December 31 by asset category are as follows:
  
 
 
2016
 
2015
 
 
 
Market Value
 
%
 
Market Value
 
 
%
 
Mutual Funds:
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity securities
 
$
6,459
 
 
36
%
$
7,921
 
 
43
%
Debt securities
 
 
7,959
 
 
44
 
 
8,598
 
 
47
 
Real estate
 
 
929
 
 
5
 
 
1,012
 
 
6
 
Commodities
 
 
729
 
 
4
 
 
585
 
 
3
 
Strategic opportunities
 
 
1,868
 
 
10
 
 
-
 
 
-
 
Other
 
 
262
 
 
1
 
 
149
 
 
1
 
Total
 
$
18,206
 
 
100
%
$
18,265
 
 
100
%
  
Schedule of Target Allocations
The 2016 target allocation was as follows:
 
Equity securities
 
 
34
%
Debt securities
 
 
45
 
Real estate
 
 
5
 
Commodities
 
 
4
 
Strategic Opportunities
 
 
10
 
Other
 
 
2
 
Total
 
 
100
%
  
Schedule of Expected Future Benifit Payments
Future Benefit Payments
 
The expected future benefit payments are as follows for the years ending December 31:
 
 
 
Pension
 
 
 
Benefits
 
2017
 
$
1,979
 
2018
 
$
2,072
 
2019
 
$
2,009
 
2020
 
$
2,140
 
2021
 
$
2,125
 
2022 - 2026
 
$
11,321