SEC Filings

11-K
AECOM filed this Form 11-K on 06/14/2018
Entire Document
 

Table of Contents

 

C.                              FAIR VALUE MEASUREMENTS

 

Below are the Plan’s investments carried at fair value on a recurring basis by the ASC 820-10 fair value hierarchy levels described in Note B.

 

 

 

As of December 31, 2017

 

 

 

Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

 

Significant
Observable
Inputs
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

Total
Fair Value

 

 

 

(expressed in thousands)

 

Mutual funds

 

$

986,448

 

$

 

$

 

$

986,448

 

AECOM common stock

 

211,815

 

 

 

211,815

 

Self-directed brokerage accounts

 

270,762

 

 

 

270,762

 

Total investments in the fair value hierarchy

 

$

1,469,025

 

$

 

$

 

1,469,025

 

 

 

 

 

 

 

 

 

 

 

Investments measured at NAV

 

 

 

 

 

 

 

65,305

 

Total investments at fair value

 

 

 

 

 

 

 

$

1,534,330

 

 

 

 

As of December 31, 2016

 

 

 

Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

 

Significant
Observable
Inputs
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

Total
Fair Value

 

 

 

(expressed in thousands)

 

Mutual funds

 

$

819,710

 

$

 

$

 

$

819,710

 

AECOM common stock

 

196,215

 

 

 

196,215

 

Self-directed brokerage accounts

 

213,619

 

 

 

213,619

 

Total investments in the fair value hierarchy

 

$

1,229,544

 

$

 

$

 

1,229,544

 

 

 

 

 

 

 

 

 

 

 

Investments measured at NAV

 

 

 

 

 

 

 

42,489

 

Total investments at fair value

 

 

 

 

 

 

 

$

1,272,033

 

 

Net Asset Value per Share — The following tables summarize investments measured at NAV per share as of December 31, 2017 and 2016, respectively.

 

December 31, 2017

 

Fair Value
(in $000)

 

Unfunded
Commitment

 

Redemption
Frequency
(if Currently
Eligible)

 

Other
Redemption
Restrictions

 

Redemption
Notice Period

 

T. Rowe Price Emerging Markets(a)

 

$

58,439

 

n/a

 

Daily

 

None

 

None

 

Principal Diversified Real Asset Fund(b)

 

6,866

 

n/a

 

Daily

 

None

 

None

 

 

December 31, 2016

 

Fair Value
(in $000)

 

Unfunded
Commitment

 

Redemption
Frequency
(if Currently
Eligible)

 

Other
Redemption
Restrictions

 

Redemption
Notice Period

 

T. Rowe Price Emerging Markets(a)

 

$

35,625

 

n/a

 

Daily

 

None

 

None

 

Principal Diversified Real Asset Fund(b)

 

6,864

 

n/a

 

Daily

 

None

 

None

 

 


(a)              Fund seeks to provide long-term capital appreciation through investments in stocks of companies located (or with primary operations) in emerging markets.

(b)              Fund seeks long-term total return in excess of inflation through investments primarily in assets related to real assets and real asset companies.

 

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