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Employee Benefit Plan (Tables) - Non-U.S. Plan
12 Months Ended
Dec. 31, 2017
Employee Benefit Plan  
Schedule of net periodic pension cost

 

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 

 

    

2017

    

2016

    

2015

 

 

 

 

 

 

 

 

 

 

Service cost (gross)

 

$

1,397

 

$

783

 

$

601

Interest cost

 

 

188

 

 

243

 

 

261

Expected return on plan assets

 

 

(199)

 

 

(157)

 

 

(162)

Amortization of unrecognized actuarial gain

 

 

45

 

 

 —

 

 

 —

Net periodic pension cost

 

$

1,431

 

$

869

 

$

700

 

Summary of net unfunded status of pension plans

 

 

 

 

 

 

 

 

 

As of December 31, 

 

    

2017

    

2016

Fair value of plan assets

 

$

12,390

 

$

11,024

Projected benefit obligation

 

 

(18,308)

 

 

(16,690)

Net unfunded benefit obligation

 

$

(5,918)

 

$

(5,666)

 

Schedule of change in the fair value of plan assets

 

 

 

 

 

 

 

 

 

Year ended December 31, 

 

    

2017

    

2016

 

 

 

 

 

 

 

Fair value of plan assets at January 1

 

$

11,024

 

$

9,264

Employee contributions

 

 

530

 

 

458

Actual return on plan assets

 

 

91

 

 

63

Benefits (paid), net of transfers

 

 

(1,277)

 

 

752

Employer contributions

 

 

992

 

 

832

Foreign exchange adjustment

 

 

1,030

 

 

(345)

Fair value of plan assets at December 31

 

$

12,390

 

$

11,024

 

Schedule of change in benefit obligations

 

 

 

 

 

 

 

 

 

Year ended December 31, 

 

    

2017

    

2016

 

 

 

 

 

 

 

Benefit obligations at January 1

 

$

16,690

 

$

12,674

Gross service cost

 

 

1,397

 

 

783

Interest cost

 

 

188

 

 

243

Employee contributions

 

 

530

 

 

458

Actuarial losses

 

 

30

 

 

2,296

Plan amendment

 

 

(356)

 

 

 —

Benefits (paid), net of transfers

 

 

(1,277)

 

 

752

Foreign exchange adjustment

 

 

1,106

 

 

(516)

Benefit obligations at December 31

 

$

18,308

 

$

16,690

 

Summary of weighted average assumptions

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2017

 

    

2017

    

2016

 

 

(%)

Discount rates

 

0.7

-

1.5

 

0.7

-

1.6

Inflation

 

1.0

-

1.8

 

1.0

-

1.8

Expected return on plan assets

 

1.3

-

2.0

 

1.3

-

2.0

Rate of salary increases

 

2.0

-

2.8

 

2.0

-

2.8

 

Schedule of projected future pension benefits

 

 

 

 

2018

    

$

529

2019

 

 

460

2020

 

 

478

2021

 

 

742

2022

 

 

1,169

Beyond

 

 

4,044