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Pension Plans (Tables)
12 Months Ended
Sep. 30, 2012
Schedule of Available-for-sale Securities [Line Items]  
Accounting For The Pension Plans
The following table presents the actuarial assumptions used in accounting for the pension plans:
 
 
U.S. Plan
 
International Plans
 
2012
 
2011
 
2010
 
2012
 
2011
 
2010
Weighted average assumptions used to determine benefit obligations at September 30 measurement date:
 
 
 
 
 
 
 
 
 
 
 
Discount rate
4.00
%
 
4.50
%
 
5.00
%
 
3.4
%
 
4.8
%
 
4.0
%
Rate of increase in future compensation (1)
%
 
%
 
%
 
3.0
%
 
3.0
%
 
2.1
%
Weighted average assumptions used to determine net periodic pension cost for fiscal years ended September 30:
 
 
 
 
 
 
 
 
 
 
 
Discount rate
4.50
%
 
5.00
%
 
5.50
%
 
4.8
%
 
4.0
%
 
5.1
%
Rate of increase in future compensation
%
 
%
 
%
 
3.0
%
 
2.7
%
 
2.1
%
Rate of return on plan assets
7.25
%
 
7.25
%
 
7.50
%
 
5.4
%
 
5.6
%
 
6.1
%
(1)
The rate of increase in future compensation is weighted for all plans, ongoing and frozen (with a 0% increase for frozen plans). The weighted rate of increase for ongoing non-U.S. plans was 3% at September 30, 2012 and 2011.
Components Of Net Periodic Pension Cost
The actuarially computed components of net periodic pension cost recognized in our consolidated statements of operations for each year are shown below:
 
 
U.S. Plan
 
International Plans
 
2012
 
2011
 
2010
 
2012
 
2011
 
2010
 
(in thousands)
Interest cost of projected benefit obligation
$
5,490

 
$
5,627

 
$
5,626

 
$
2,554

 
$
2,382

 
$
2,401

Service cost

 

 

 
1,882

 
1,782

 
1,563

Expected return on plan assets
(5,412
)
 
(5,373
)
 
(4,881
)
 
(1,929
)
 
(2,254
)
 
(2,291
)
Amortization of prior service cost

 

 

 
(7
)
 

 

Recognized actuarial loss (gain)
2,967

 
2,549

 
2,344

 
341

 
334

 
(26
)
Net periodic pension cost
$
3,045

 
$
2,803

 
$
3,089

 
$
2,841

 
$
2,244

 
$
1,647

Change In Benefit Obligation And Plan Assets
The following tables display the change in benefit obligation and the change in the plan assets and funded status of the plans as well as the amounts recognized in our consolidated balance sheets:
 
 
U.S. Plan
 
International Plans
 
Total
 
Year ended September 30,
 
2012
 
2011
 
2012
 
2011
 
2012
 
2011
 
(in thousands)
Change in benefit obligation:
 
 
 
 
 
 
 
 
 
 
 
Projected benefit obligation—beginning of year
$
123,645

 
$
113,558

 
$
55,382

 
$
58,828

 
$
179,027

 
$
172,386

Service cost

 

 
1,882

 
1,782

 
1,882

 
1,782

Interest cost
5,490

 
5,627

 
2,554

 
2,382

 
8,044

 
8,009

Actuarial loss
8,449

 
8,467

 
14,724

 
(6,416
)
 
23,173

 
2,051

Foreign exchange impact

 

 
(2,132
)
 
39

 
(2,132
)
 
39

Participant contributions

 

 
421

 
445

 
421

 
445

Benefits paid
(7,883
)
 
(4,007
)
 
(1,423
)
 
(1,605
)
 
(9,306
)
 
(5,612
)
Plan Amendments

 

 

 
(73
)
 

 
(73
)
Projected benefit obligation—end of year
$
129,701

 
$
123,645

 
$
71,408

 
$
55,382

 
$
201,109

 
$
179,027

Change in plan assets and funded status:
 
 
 
 
 
 
 
 
 
 
 
Plan assets at fair value—beginning of year
$
74,367

 
$
75,953

 
$
36,414

 
$
39,167

 
$
110,781

 
$
115,120

Actual return on plan assets
13,995

 
2,421

 
2,504

 
(4,022
)
 
16,499

 
(1,601
)
Employer contributions
5,537

 

 
2,129

 
2,206

 
7,666

 
2,206

Participant contributions

 

 
421

 
445

 
421

 
445

Foreign exchange impact

 

 
(1,228
)
 
223

 
(1,228
)
 
223

Benefits paid
(7,883
)
 
(4,007
)
 
(1,423
)
 
(1,605
)
 
(9,306
)
 
(5,612
)
Plan assets at fair value—end of year
86,016

 
74,367

 
38,817

 
36,414

 
124,833

 
110,781

Projected benefit obligation—end of year
129,701

 
123,645

 
71,408

 
55,382

 
201,109

 
179,027

Underfunded status
$
(43,685
)
 
$
(49,278
)
 
$
(32,591
)
 
$
(18,968
)
 
$
(76,276
)
 
$
(68,246
)
Accumulated benefit obligation—end of year
$
129,701

 
$
123,645

 
$
66,287

 
$
51,083

 
$
195,988

 
$
174,728

Amounts recognized in the balance sheet:
 
 
 
 
 
 
 
 
 
 
 
Non-current liability
$
(43,685
)
 
$
(49,278
)
 
$
(32,591
)
 
$
(18,968
)
 
$
(76,276
)
 
$
(68,246
)
Amounts in accumulated other comprehensive loss:
 
 
 
 
 
 
 
 
 
 
 
Unrecognized actuarial loss
$
75,370

 
$
78,470

 
$
21,068

 
$
7,722

 
$
96,438

 
$
86,192

Percentage Of Total Plan Assets
The following table shows the percentage of total plan assets for each major category of plan assets:
 
 
U.S. Plan
 
International Plans
 
September 30,
 
2012
 
2011
 
2012
 
2011
Asset category:
 
 
 
 
 
 
 
Equity securities
65
%
 
60
%
 
46
%
 
41
%
Fixed income securities
33
%
 
40
%
 
27
%
 
31
%
Insurance company
%
 
%
 
25
%
 
26
%
Cash
2
%
 
%
 
2
%
 
2
%
 
100
%
 
100
%
 
100
%
 
100
%
Expected Future Benefit Payments
As of September 30, 2012, benefit payments expected to be paid over the next ten years are outlined in the following table:
 
 
U.S. Plan
 
International
Plans
 
Total
 
(in thousands)
Year ending September 30,
 
 
 
 
 
2013
$
4,457

 
$
1,681

 
$
6,138

2014
4,884

 
1,709

 
6,593

2015
5,299

 
1,862

 
7,161

2016
5,739

 
2,044

 
7,783

2017
6,207

 
2,125

 
8,332

2018 to 2022
39,320

 
16,151

 
55,471

U.S. Plan Assets Common Collective Trusts [Member]
 
Schedule of Available-for-sale Securities [Line Items]  
Fair Value Of Plan Assets
 
September 30, 2012
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(in thousands)
U.S. plan assets-common/collective trusts:
 
 
 
 
 
 
 
Cash equivalents
$

 
$
1,339

 
$

 
$
1,339

Fixed income securities:
 
 
 
 
 
 
 
U.S. Treasury, agency and other local government and non-corporate

 
11,827

 

 
11,827

Mortgage-backed

 
7,382

 

 
7,382

Corporate investment grade

 
8,353

 

 
8,353

Corporate high yield

 
848

 

 
848

U.S. equity securities:
 
 
 
 
 
 
 
Large capitalization stocks

 
36,222

 

 
36,222

Small capitalization stocks

 
8,454

 

 
8,454

U.S. real estate investment trusts

 
828

 

 
828

International equity securities:
 
 
 
 
 
 
 
Large/mid capitalization stocks

 
9,670

 

 
9,670

Small capitalization stocks

 
83

 

 
83

Emerging large/mid capitalization stocks

 
78

 

 
78

Commodities

 
932

 

 
932

 
$

 
$
86,016

 
$

 
$
86,016

International Plan Assets [Member]
 
Schedule of Available-for-sale Securities [Line Items]  
Fair Value Of Plan Assets
 
September 30, 2012
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(in thousands)
International plan assets:
 
 
 
 
 
 
 
Fixed income securities:
 
 
 
 
 
 
 
Government
$
7,006

 
$

 
$

 
$
7,006

Europe corporate investment grade
3,578

 

 

 
3,578

Europe large capitalization stocks
17,767

 

 

 
17,767

Insurance company funds (1)

 
9,887

 

 
9,887

Cash
579

 

 

 
579

 
$
28,930

 
$
9,887

 
$

 
$
38,817

 (1)These investments are comprised primarily of funds invested with an insurance company in Japan with a guaranteed rate of return. The insurance company invests these assets primarily in government and corporate bonds.