Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2013

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

4. Accumulated Other Comprehensive Income

The components of accumulated other comprehensive loss, net of tax, are as follows (in thousands):

								Proportionate
								Share of		Accumulated
			Unrealized					Telesat Other		Other
			Gains(losses)		Postretirement			Comprehensive		Comprehensive
	Derivatives		on Investments		Benefits			Loss		Loss
Balance at January 1, 2012	$	(1,306)	$	580	$	(132,695)		$	(21,054)	$	(154,475)
Other comprehensive income before reclassification		(415)		(120)		1,668			1,313		2,446
Amounts reclassified from accumulated other comprehensive income		1,721		(460)		113,374			—		114,635
Net current-period other comprehensive income		1,306		(580)		115,042			1,313		117,081
Balance at December 31, 2012		—		—		(17,653)			(19,741)		(37,394)
Other comprehensive income before reclassification		—		—		—			444		444
Amounts reclassified from accumulated other comprehensive income		—		—		928	(a)		—		928
Net current-period other comprehensive income		—		—		928			444		1,372
Balance at March 31, 2013	$	—	$	—	$	(16,725)		$	(19,297)	$	(36,022)
(a) Reclassification from postretirement benefits accumulated other comprehensive loss comprises $1.5 million included in general and administrative expenses and $0.6 million tax benefit thereon included in income tax provision in our condensed consolidated statement of operations.

The components of other comprehensive income and related tax effects are as follows (in thousands):

	Three Months Ended March 31,
	2013						2012
	Before-Tax		Tax (Expense)		Net-of Tax		Before-Tax		Tax (Expense)		Net-of Tax
	Amount		Benefit		Amount		Amount		Benefit		Amount
Reclassification of prior service credits and net actuarial loss	$	1,501	$	(573)	$	928	$	2,012	$	(808)	$	1,204
Proportionate share of Telesat Holdco other comprehensive income (loss)		718		(274)		444		908		(365)		543
Derivatives:
Unrealized loss on foreign currency hedges		—		—		—		(1,677)		675		(1,002)
Less: reclassification adjustment for loss included in net income from discontinued operations		—		—		—		3,277		(1,319)		1,958
Net unrealized gain on derivatives		—		—		—		1,600		(644)		956
Unrealized gain on available-for-sale securities		—		—		—		157		(63)		94
Other comprehensive income	$	2,219	$	(847)	$	1,372	$	4,677	$	(1,880)	$	2,797