Rayovac 2014 Annual Report Download - page 125

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SPECTRUM BRANDS HOLDINGS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(CONTINUED)
(Amounts in thousands, except per share figures)
The Company’s pension plan assets have a diversified portfolio of investments in U.S. and foreign equity
and debt securities. In addition, the plan assets are invested in real estate mutual funds, life insurance contracts
and private equity funds.
The following table sets forth the fair value of the Company’s pension plan assets as of September 30, 2014
segregated by level within the fair value hierarchy. See Note 8, “Fair Value of Financial Instruments,” for
discussion of the fair value hierarchy and fair value principles:
Level 1 Level 2 Level 3 Total
Defined Benefit Plan Assets:
Equity Securities
U.S. equity securities ................................... $19,949 $ 7,098 $— $ 27,047
Foreign equity securities ................................ 11,100 7,551 — 18,651
Debt Securities
U.S. bonds ........................................... 4,026 15,196 — 19,222
Foreign bonds ......................................... 3,131 20,463 — 23,594
Foreign government bonds ............................... — 8,565 — 8,565
Real estate ................................................ 1,254 5,889 — 7,143
Life insurance contracts ..................................... — 37,734 — 37,734
Other .................................................... — 38,688 — 38,688
Foreign cash & cash equivalents .............................. 6,368 1,850 — 8,218
Total Defined Benefit Plan Assets ............................. $45,828 $143,034 $— $188,862
The following table sets forth the fair value of the Company’s pension plan assets as of September 30, 2013
segregated by level within the fair value hierarchy.
Level 1 Level 2 Level 3 Total
Defined Benefit Plan Assets:
Equity Securities
U.S. equity securities ................................... $18,497 $ 15,458 $— $ 33,955
Foreign equity securities ................................ 10,792 37,641 — 48,433
Debt Securities
U.S. bonds ........................................... 2,279 15,578 — 17,857
Foreign bonds ......................................... — 10,688 — 10,688
Foreign government bonds ............................... — 7,994 — 7,994
Real estate ................................................ 1,204 5,391 — 6,595
Life insurance contracts ..................................... — 37,690 — 37,690
Other .................................................... — 355 — 355
Foreign cash & cash equivalents .............................. 6,658 5,259 — 11,917
Total Defined Benefit Plan Assets ............................. $39,430 $136,054 $— $175,484
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