Postretirement Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2014

Obligations and Funded Status

Obligations and Funded Status at December 31

(In thousands)	United States						United Kingdom
	2014			2013			2014			2013
Change in benefit obligation
Benefit obligation at beginning of year	$	144,508		$	157,051		$	21,095		$	21,722
Interest cost		6,936			6,424			964			899
Actuarial (gain) loss		23,547			(14,142	)		3,176			(1,365	)
Benefits paid		(5,584	)		(4,825	)		(822	)		(521	)
Foreign exchange impact		—			—			(1,430	)		360
Benefit obligation at end of year	$	169,407		$	144,508		$	22,983		$	21,095

(In thousands)	United States						United Kingdom
	2014			2013			2014			2013
Change in plan assets
Fair value of plan assets at beginning of year	$	133,264		$	124,682		$	22,204		$	18,390
Actual return on plan assets		(2,929	)		13,225			1,902			2,840
Employer contributions		1,618			182			1,004			949
Benefits paid		(5,584	)		(4,825	)		(822	)		(521	)
Foreign exchange impact		—			—			(1,430	)		546
Fair value of plan assets at end of year	$	126,369		$	133,264		$	22,858		$	22,204
Over (Under) funded status at end of year	$	(43,038	)	$	(11,244	)	$	(125	)	$	1,109

Schedule of Amounts Recognized in Balance Sheets

The amounts recognized in the consolidated balance sheets at December 31 consisted of

(In thousands)	United States						United Kingdom
	2014			2013			2014			2013
Non-current asset	$	—		$	818		$	—		$	1,109
Current liability		(185	)		(185	)		—			—
Non-current liability		(42,853	)		(11,877	)		(125	)		—
Net amount recognized	$	(43,038	)	$	(11,244	)	$	(125	)	$	1,109

Amounts Recognized in Accumulated Other Comprehensive Income

The amounts recognized in accumulated other comprehensive income at December 31 consisted of

(In thousands)	United States				United Kingdom
	2014		2013		2014		2013
Net actuarial loss	$	60,114	$	26,802	$	4,724	$	2,147

Information for Pension Plans with Projected Benefit Obligations in Excess of Plan Assets

Below is information for pension plans with projected benefit obligations in excess of plan assets at December 31:

(In thousands)	United States				United Kingdom
	2014		2013		2014		2013
Projected benefit obligation	$	169,407	$	113,865	$	22,983	$	—
Accumulated benefit obligation		169,407		113,865		22,983		—
Fair value of plan assets		126,369		101,803		22,858		—

Components of Net Periodic Benefit Cost

Net periodic benefit costs for the years ended December 31, 2014, 2013 and 2012, were as follows:

(In thousands)	United States									United Kingdom
	2014			2013			2012			2014			2013			2012
Interest cost	$	6,936		$	6,424		$	6,880		$	964		$	899		$	841
Expected return on plan assets		(9,523	)		(8,828	)		(8,423	)		(1,303	)		(941	)		(888	)
Amortization of net actuarial loss		2,687			5,109			3,573			—			288			49
Net periodic benefit cost	$	100		$	2,705		$	2,030		$	(339	)	$	246		$	2

Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income

Other changes in plan assets and benefit obligations recognized in other comprehensive income for the years ended December 31, 2014, 2013 and 2012, were as follows:

(In thousands)	United States									United Kingdom
	2014			2013			2012			2014		2013			2012
Net actuarial (gain) loss	$	35,999		$	(18,539	)	$	4,622		$	2,577	$	(3,264	)	$	3,111
Amortization of net actuarial loss		(2,687	)		(5,109	)		(3,573	)		—		(288	)		(49	)
Total recognized in other comprehensive income	$	33,312		$	(23,648	)	$	1,049		$	2,577	$	(3,552	)	$	3,062
Total recognized in net periodic benefit cost and other comprehensive income	$	33,412		$	(20,943	)	$	3,079		$	2,238	$	(3,306	)	$	3,064

Estimated Amounts Amortized from Accumulated Other Comprehensive Income into Net Periodic Benefit Cost

The estimated amounts that will be amortized from accumulated other comprehensive income into net periodic benefit cost in 2015 are as follows:

(In thousands)	United States		United Kingdom
Net actuarial loss	$	4,597	$	184

Estimated Future Benefit Payments

Estimated Future Benefit Payments

(In thousands)	United States		United Kingdom
2015	$	6,153	$	558
2016		6,714		584
2017		7,322		620
2018		7,821		631
2019		8,283		639
2020-2024		48,207		3,721

Defined Contribution Plan Expenses for Company's Retirement Savings Plans and Profit Sharing Plan

Defined contribution plan expenses for the Company’s retirement savings plans and profit sharing plan were as follows:

(In thousands)	2014		2013		2012
Retirement savings plans	$	4,565	$	4,500	$	4,284
Profit sharing plan		3,619		4,804		5,762
Total	$	8,184	$	9,304	$	10,046

United States [Member]

Company's Asset Allocations for its U.S. and U.K Pension Plans

The Company’s asset allocations for its U.S. pension plans at December 31, 2014 and 2013, by asset category, were as follows:

	December 31, 2014
(In thousands)	Level 1		Level 2		Level 3		Total
Cash and Cash Equivalents	$	—	$	1,963	$	—	$	1,963
Equity Securities
U.S. Equities		34,885		—		—		34,885
Non-U.S. Equities		12,478		—		—		12,478
Employer Securities		21,575		—		—		21,575
Total Equities		68,938		—		—		68,938
Fixed Income Securities
U.S. Corporate Bonds		—		27,676		—		27,676
U.S. Government and Agency Bonds		350		10,327		—		10,677
Municipal Bonds		—		3,352		—		3,352
Other Bonds		—		6,155		—		6,155
Total Fixed Income		350		47,510		—		47,860
Real Estate		5,585		—		—		5,585
Commodities		2,023		—		—		2,023
Total	$	76,896	$	49,473	$	—	$	126,369

	December 31, 2013
(In thousands)	Level 1		Level 2		Level 3		Total
Cash and Cash Equivalents	$	—	$	2,471	$	—	$	2,471
Equity Securities
U.S. Equities		32,567		—		—		32,567
Non-U.S. Equities		11,892		—		—		11,892
Employer Securities		37,823		—		—		37,823
Total Equities		82,282		—		—		82,282
Fixed Income Securities
U.S. Corporate Bonds		—		24,733		—		24,733
U.S. Government and Agency Bonds		2,526		6,575		—		9,101
Municipal Bonds		—		3,116		—		3,116
Other Bonds		—		4,559		—		4,559
Total Fixed Income		2,526		38,983		—		41,509
Real Estate		6,090		—		—		6,090
Commodities		912		—		—		912
Total	$	91,810	$	41,454	$	—	$	133,264

United Kingdom [Member]

Company's Asset Allocations for its U.S. and U.K Pension Plans

The Company’s asset allocations for its U.K. pension plans at December 31, 2014 and 2013, by asset category, were as follows:

	December 31, 2014
(In thousands)	Level 1		Level 2		Level 3		Total
Cash	$	1,176	$	—	$	—	$	1,176
Equity Securities
Pooled Pension Funds		—		15,322		—		15,322
Fixed Income
Pooled Pension Funds		—		3,642		—		3,642
Real Estate
Pooled Pension Funds		—		477		—		477
Insurance Contracts		—		—		2,241		2,241
Total	$	1,176	$	19,441	$	2,241	$	22,858

	December 31, 2013
(In thousands)	Level 1		Level 2		Level 3		Total
Cash	$	412	$	—	$	—	$	412
Equity Securities
Pooled Pension Funds		—		15,397		—		15,397
Fixed Income
Pooled Pension Funds		—		3,550		—		3,550
Real Estate
Pooled Pension Funds		—		419		—		419
Insurance Contracts		—		—		2,426		2,426
Total	$	412	$	19,366	$	2,426	$	22,204

Fair Value Changes within Asset Categories for which Fair Value Measurements Use Significant Unobservable Inputs (Level 3) Defined Benefit United States Plans and United Kingdom Plans

Fair value changes within asset categories for which fair value measurements use significant unobservable inputs (Level 3) were as follows during 2013 and 2014:

(In thousands)	Insurance Contracts
Fair value, December 31, 2012	$	2,437
Sale proceeds (benefit payments)		(175	)
Change in unrealized gain		120
Foreign exchange impact		44
Fair value, December 31, 2013	$	2,426
Sale proceeds (benefit payments)		(178	)
Change in unrealized gain		135
Foreign exchange impact		(142	)
Fair value, December 31, 2014	$	2,241

Defined Benefit Plan Periodic Costs [Member]

Weighted-Average Assumptions Used to Determine Benefit Obligations/Net Periodic Benefit Costs

The weighted-average assumptions used to determine net periodic benefit costs for years ended December 31 were as follows:

	United States									United Kingdom
	2014			2013			2012			2014			2013			2012
Discount rate		4.87	%		4.17	%		5.06	%		4.60	%		4.30	%		4.90	%
Expected long-term return on plan assets		7.75	%		7.75	%		7.75	%		5.84	%		5.25	%		5.46	%

Benefit Obligation [Member]

Weighted-Average Assumptions Used to Determine Benefit Obligations/Net Periodic Benefit Costs

The weighted-average assumptions used to determine benefit obligations at December 31 were as follows:

	United States						United Kingdom
	2014			2013			2014			2013
Discount rate		4.09	%		4.87	%		3.50	%		4.60	%