Rendering

Component: (Network and Table)
Network
2318301 - Disclosure - Postretirement Benefits (Tables)
(http://brooks.com/role/PostretirementBenefitsTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Compensation and Retirement Disclosure [Abstract]Period [Axis]
2015-10-01 - 2016-09-30
Compensation and Retirement Disclosure [Abstract]
 
Funded Status and Amounts Recognized in Consolidated Balance Sheet
The following tables set forth the funded status and amounts recognized in the Company’s Consolidated Balance Sheets as of September 30, 2016 and 2015 (in thousands):
 
September 30,
 
2016
 
2015
Benefit obligation at beginning of fiscal year
$
7,661

 
$
8,213

Service cost
548

 
482

Interest cost
71

 
124

Actuarial loss
106

 
733

Benefits paid
(712
)
 
(209
)
Employee contributions
156

 
444

Settlements paid

 
(1,795
)
Curtailment gain
(1,064
)
 

Foreign currency translation
81

 
(331
)
Benefit obligation at end of fiscal year
$
6,847

 
$
7,661

Fair value of assets at beginning of fiscal year
$
4,838

 
$
6,131

Actual return on plan assets
30

 
112

Disbursements
(837
)
 
(334
)
Employer contributions
296

 
306

Employee contributions
352

 
642

Settlements paid

 
(1,795
)
Foreign currency translation
55

 
(224
)
Fair value of assets at end of fiscal year
$
4,734

 
$
4,838

Accrued benefit obligation
$
2,113

 
$
2,823

 
 
Pension Amounts Recorded Within Account Line Items of Consolidated Balance Sheets
The following table provides pension-related amounts and their classification within the accompanying Consolidated Balance Sheets as of September 30, 2015 and 2014 (in thousands):
 
 
September 30,
 
2016
 
2015
Accrued compensation and benefits
$
155

 
$
298

Long-term pension liability
1,958

 
2,525

 
$
2,113

 
$
2,823

 
 
Net Periodic Pension Cost
The components of the Company’s net pension cost for the fiscal years ended September 30, 2016, 2015 and 2014 are as follows (in thousands):
 
Year Ended September 30,
 
2016
 
2015
 
2014
Service cost
$
548

 
$
482

 
$
406

Interest cost
71

 
124

 
154

Expected return on plan assets
(159
)
 
(210
)
 
(214
)
Amortization of losses
2

 
2

 
2

Other

 

 

Net periodic pension cost
462

 
398

 
348

Curtailment gain
(227
)
 

 

Settlement loss

 
232

 

Total pension cost
$
235

 
$
630

 
$
348

 
 
Other changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Loss
The following changes in Plans' assets and benefit obligations were recognized in other comprehensive income (loss) as of September 30, 2016 and 2015 (in thousands):
 
 
September 30,
 
2016
 
2015
Net loss
$
165

 
$
722

Amortization of net loss
(2
)
 
(2
)
Curtailment gain
(852
)
 

Settlement loss

 
(232
)
Total recognized in other comprehensive income (loss)
(689
)
 
488

Total recognized in net periodic pension cost and other comprehensive income (loss)
$
(227
)
 
$
886

 
 
Weighted-Average Assumptions Used to Determine Net Cost or Pension Obligation
Weighted-average assumptions used to determine the projected benefit obligation for the fiscal years ended September 30, 2016, 2015 and 2014 are as follows:
 
 
Year Ended September 30,
 
2016
 
2015
 
2014
Discount rate
0.40
%
 
0.92
%
 
1.55
%
Expected return on plan assets
1.75
%
 
1.78
%
 
2.18
%
Expected rate of compensation increases
1.31
%
 
1.65
%
 
1.87
%
 
 
Asset Allocation of Plan Assets
The allocation of the Plans' assets at September 30, 2016 is as follows:  
 
September 30, 2016
Cash and cash equivalents
3
%
Debt securities
72

Equity securities
7

Other
18

 
100
%
 
 
Fair Value of Pension Assets by Asset Category and by Level
The fair values of pension assets by asset category and by level at September 30, 2016 are as follows (in thousands):
 
As of September 30, 2016
 
Level 1
 
Level 2
 
Level 3
 
Total
Swiss Life collective foundation
$

 
$
4,208

 
$

 
$
4,208

Taiwan collective trust

 
526

 

 
526

Total
$

 
$
4,734

 
$

 
$
4,734

The fair values of pension assets by asset category and by level at September 30, 2015 are as follows (in thousands):
 
As of September 30, 2015
 
Level 1
 
Level 2
 
Level 3
 
Total
Swiss Life collective foundation
$

 
$
4,347

 
$

 
$
4,347

Taiwan collective trust

 
491

 

 
491

Total
$

 
$
4,838

 
$

 
$
4,838

 
 
Expected Benefit Payments over the Next Ten Years
Benefit payments expected to be paid over the next five fiscal years and thereafter are as follows (in thousands):  
2017
$
203

2018
21

2019
21

2020
81

2021
104

Thereafter (through 2026)
735