Pension and Other Post-Retirement Benefit Matters

3 Months Ended

Jan. 31, 2015

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

Pension and Other Post-Retirement Benefit Matters

U.S. Plans

The components of net periodic benefit cost for the three months ended January 31, 2015 and 2014 are as follows:        

	Pension Benefits						Other  Post-Retirement Benefits
	Three months ended January 31,						Three months ended January 31,
	2015			2014			2015		2014
Interest cost	$	866		$	937		$	6	$	10
Expected return on plan assets	(1,174		)	(1,070		)	—		—
Recognized net actuarial loss	297			269			7		10
Net periodic (benefit) cost	$	(11	)	$	136		$	13	$	20

The Company made contributions of $920 and $952 to the defined benefit pension plans during the three months ended January 31, 2015 and 2014. The Company expects contributions to be $3,550 for the remainder of fiscal 2015.

Non-U.S. Plans

For the Company's Swedish operations, the majority of the pension obligations are covered by insurance policies with insurance companies. Pension commitments in the Company's Polish operations were approximately $510 at the end of fiscal 2014. The Company did not recognize any material changes during the first quarter of fiscal 2015. The liability of these comprise the present value of future obligations and is calculated on actuarial basis.