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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
 
2013
 
2012
 
2011
 
2013
 
2012
 
2011
Weighted average assumptions used to determine benefit obligations at September 30 measurement date:
 
 
 
 
 
 
 
 
 
 
 
Discount rate
4.90
%
 
4.00
%
 
4.50
%
 
3.3
%
 
3.4
%
 
4.8
%
Rate of increase in future compensation (1)
%
 
%
 
%
 
3.0
%
 
3.0
%
 
3.0
%
Weighted average assumptions used to determine net periodic pension cost for fiscal years ended September 30:
 
 
 
 
 
 
 
 
 
 
 
Discount rate
4.00
%
 
4.50
%
 
5.00
%
 
3.4
%
 
4.8
%
 
4.0
%
Rate of increase in future compensation
%
 
%
 
%
 
3.0
%
 
3.0
%
 
2.7
%
Rate of return on plan assets
7.25
%
 
7.25
%
 
7.25
%
 
5.4
%
 
5.4
%
 
5.6
%
(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, 2013 and 2012.
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
 
2013
 
2012
 
2011
 
2013
 
2012
 
2011
 
(in thousands)
Interest cost of projected benefit obligation
$
4,989

 
$
5,490

 
$
5,627

 
$
2,384

 
$
2,554

 
$
2,382

Service cost

 

 

 
2,017

 
1,882

 
1,782

Expected return on plan assets
(6,128
)
 
(5,412
)
 
(5,373
)
 
(2,126
)
 
(1,929
)
 
(2,254
)
Amortization of prior service cost

 

 

 
(6
)
 
(7
)
 

Recognized actuarial loss
3,152

 
2,967

 
2,549

 
1,248

 
341

 
334

Net periodic pension cost
$
2,013

 
$
3,045

 
$
2,803

 
$
3,517

 
$
2,841

 
$
2,244

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,
 
2013
 
2012
 
2013
 
2012
 
2013
 
2012
 
(in thousands)
Change in benefit obligation:
 
 
 
 
 
 
 
 
 
 
 
Projected benefit obligation—beginning of year
$
129,701

 
$
123,645

 
$
71,408

 
$
55,382

 
$
201,109

 
$
179,027

Service cost

 

 
2,017

 
1,882

 
2,017

 
1,882

Interest cost
4,989

 
5,490

 
2,384

 
2,554

 
7,373

 
8,044

Actuarial (gain) loss
(12,728
)
 
8,449

 
1,426

 
14,724

 
(11,302
)
 
23,173

Foreign exchange impact

 

 
629

 
(2,132
)
 
629

 
(2,132
)
Participant contributions

 

 
432

 
421

 
432

 
421

Benefits paid
(8,584
)
 
(7,883
)
 
(1,732
)
 
(1,423
)
 
(10,316
)
 
(9,306
)
Plan curtailments

 

 
(1,608
)
 

 
(1,608
)
 

Projected benefit obligation—end of year
$
113,378

 
$
129,701

 
$
74,956

 
$
71,408

 
$
188,334

 
$
201,109

Change in plan assets and funded status:
 
 
 
 
 
 
 
 
 
 
 
Plan assets at fair value—beginning of year
$
86,016

 
$
74,367

 
$
38,817

 
$
36,414

 
$
124,833

 
$
110,781

Actual return on plan assets
10,438

 
13,995

 
3,172

 
2,504

 
13,610

 
16,499

Employer contributions
6,961

 
5,537

 
3,008

 
2,129

 
9,969

 
7,666

Participant contributions

 

 
432

 
421

 
432

 
421

Foreign exchange impact

 

 
(335
)
 
(1,228
)
 
(335
)
 
(1,228
)
Benefits paid
(8,584
)
 
(7,883
)
 
(1,732
)
 
(1,423
)
 
(10,316
)
 
(9,306
)
Plan assets at fair value—end of year
94,831

 
86,016

 
43,362

 
38,817

 
138,193

 
124,833

Projected benefit obligation—end of year
113,378

 
129,701

 
74,956

 
71,408

 
188,334

 
201,109

Underfunded status
$
(18,547
)
 
$
(43,685
)
 
$
(31,594
)
 
$
(32,591
)
 
$
(50,141
)
 
$
(76,276
)
Accumulated benefit obligation—end of year
$
113,378

 
$
129,701

 
$
71,513

 
$
66,287

 
$
184,891

 
$
195,988

Amounts recognized in the balance sheet:
 
 
 
 
 
 
 
 
 
 
 
Non-current liability
$
(18,547
)
 
$
(43,685
)
 
$
(31,594
)
 
$
(32,591
)
 
$
(50,141
)
 
$
(76,276
)
Amounts in accumulated other comprehensive loss:
 
 
 
 
 
 
 
 
 
 
 
Unrecognized actuarial loss
$
55,180

 
$
75,370

 
$
19,177

 
$
21,068

 
$
74,357

 
$
96,438

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,
 
2013
 
2012
 
2013
 
2012
Asset category:
 
 
 
 
 
 
 
Equity securities
62
%
 
65
%
 
51
%
 
46
%
Fixed income securities
38
%
 
33
%
 
27
%
 
27
%
Insurance company
%
 
%
 
19
%
 
25
%
Cash
%
 
2
%
 
3
%
 
2
%
 
100
%
 
100
%
 
100
%
 
100
%
Expected Future Benefit Payments
As of September 30, 2013, 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,
 
 
 
 
 
2014
$
4,898

 
$
1,727

 
$
6,625

2015
5,286

 
1,785

 
7,071

2016
5,698

 
1,947

 
7,645

2017
6,141

 
2,140

 
8,281

2018
6,633

 
2,514

 
9,147

2019 to 2023
40,715

 
18,620

 
59,335

U.S. Plan Assets Common Collective Trusts [Member]
 
Schedule of Available-for-sale Securities [Line Items]  
Fair Value Of Plan Assets
 
September 30, 2013
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(in thousands)
U.S. plan assets-common/collective trusts:
 
 
 
 
 
 
 
Fixed income securities:
 
 
 
 
 
 
 
U.S. Treasury, agency and other local government and non-corporate
$

 
$
15,690

 
$

 
$
15,690

Mortgage-backed

 
10,179

 

 
10,179

Corporate investment grade

 
9,254

 

 
9,254

Corporate high yield

 
941

 

 
941

U.S. equity securities:
 
 
 
 
 
 
 
Large capitalization stocks

 
37,567

 

 
37,567

Small capitalization stocks

 
9,553

 

 
9,553

U.S. real estate investment trusts

 
77

 

 
77

International equity securities:
 
 
 
 
 
 
 
Large/mid capitalization stocks

 
11,294

 

 
11,294

Small capitalization stocks

 
110

 

 
110

Emerging large/mid capitalization stocks

 
83

 

 
83

Commodities

 
83

 

 
83

 
$

 
$
94,831

 
$

 
$
94,831

International Plan Assets [Member]
 
Schedule of Available-for-sale Securities [Line Items]  
Fair Value Of Plan Assets
 
September 30, 2013
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(in thousands)
International plan assets:
 
 
 
 
 
 
 
Fixed income securities:
 
 
 
 
 
 
 
Government
$
6,455

 
$

 
$

 
$
6,455

Europe corporate investment grade
5,390

 

 

 
5,390

Europe large capitalization stocks
21,952

 

 

 
21,952

Insurance company funds (1)

 
8,429

 

 
8,429

Cash
1,136

 

 

 
1,136

 
$
34,933

 
$
8,429

 
$

 
$
43,362

 (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.