Employee Benefit Plans (Tables)
|
12 Months Ended |
Dec. 31, 2016 |
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| Employee Benefit Plans |
|
| Schedule of plan's funded status and the total amounts recognized in the consolidated balance sheets (in thousands) |
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December 31, 2016
|
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Global
|
|
GMG
|
|
|
|
|
|
|
|
Pension Plan
|
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Pension Plan
|
|
Total
|
|
|
Projected benefit obligation
|
|
$
|
16,145
|
|
$
|
4,486
|
|
$
|
20,631
|
|
|
Fair value of plan assets
|
|
|
13,697
|
|
|
3,080
|
|
|
16,777
|
|
|
Net unfunded pension liability
|
|
$
|
2,448
|
|
$
|
1,406
|
|
$
|
3,854
|
|
|
|
|
|
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|
|
|
|
|
December 31, 2015
|
|
|
|
|
Global
|
|
GMG
|
|
|
|
|
|
|
Pension Plan
|
|
Pension Plan
|
|
Total
|
|
|
Projected benefit obligation
|
|
$
|
16,338
|
|
$
|
4,593
|
|
$
|
20,931
|
|
|
Fair value of plan assets
|
|
|
13,481
|
|
|
3,405
|
|
|
16,886
|
|
|
Net unfunded pension liability
|
|
$
|
2,857
|
|
$
|
1,188
|
|
$
|
4,045
|
|
|
| Schedule of change in benefit obligation for the Pension Plans |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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2016
|
|
2015
|
|
2014
|
|
|
Benefit obligation at beginning of year
|
|
$
|
20,931
|
|
$
|
23,615
|
|
$
|
19,245
|
|
|
Interest cost
|
|
|
780
|
|
|
801
|
|
|
804
|
|
|
Actuarial loss (gain)
|
|
|
778
|
|
|
(1,925)
|
|
|
5,151
|
|
|
Benefits paid
|
|
|
(1,858)
|
|
|
(1,560)
|
|
|
(1,585)
|
|
|
Benefit obligation at end of year
|
|
$
|
20,631
|
|
$
|
20,931
|
|
$
|
23,615
|
|
|
| Schedule of weighted-average actuarial assumptions |
|
|
|
|
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|
|
|
|
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|
|
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|
Global Pension Plan
|
|
GMG Pension Plan
|
|
|
|
|
2016
|
|
2015
|
|
2014
|
|
2016
|
|
2015
|
|
2014
|
|
|
Discount rate
|
|
3.8%
|
|
4.0%
|
|
3.6%
|
|
4.1%
|
|
4.3%
|
|
3.6%
|
|
|
Expected return on plan assets
|
|
7.0%
|
|
7.0%
|
|
7.5%
|
|
7.0%
|
|
7.0%
|
|
7.0%
|
|
|
| Schedule of estimated future benefit payments (in thousands) |
|
|
|
|
|
|
|
2017
|
|
$
|
2,469
|
|
|
2018
|
|
|
841
|
|
|
2019
|
|
|
808
|
|
|
2020
|
|
|
1,273
|
|
|
2021
|
|
|
856
|
|
|
2022—2026
|
|
|
5,343
|
|
|
Total
|
|
$
|
11,590
|
|
|