Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2013

Accumulated Other Comprehensive Income (Loss) [Abstract]

Accumulated Other Comprehensive Income (Loss)

4. Accumulated Other Comprehensive Loss

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 (loss) income before reclassification		(415)		(120)		1,668			1,313		2,446
Amounts reclassified from accumulated other comprehensive income (loss)		1,721		(460)		113,374			—		114,635
Net current-period other comprehensive income (loss)		1,306		(580)		115,042			1,313		117,081
Balance at December 31, 2012		—		—		(17,653)			(19,741)		(37,394)
Other comprehensive loss before reclassification		—		—		(319)			(83)		(402)
Amounts reclassified from accumulated other comprehensive loss		—		—		2,791	(a)		—		2,791
Net current-period other comprehensive income		—		—		2,472			(83)		2,389
Balance at September 30, 2013	$	—	$	—	$	(15,181)		$	(19,824)	$	(35,005)
(a) Reclassification from postretirement benefits accumulated other comprehensive loss comprises $4.6 million included in general and administrative expenses and $1.8 million tax benefit thereon included in income tax benefit 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 September 30,
	2013						2012
	Before-Tax		Tax (Expense)		Net-of-Tax		Before-Tax		Tax (Expense)		Net-of-Tax
	Amount		Benefit		Amount		Amount		Benefit		Amount
Postretirement Benefits:
Net actuarial loss and prior service credits	$	(564)	$	245	$	(319)	$	—	$	—	$	—
Amortization of prior service credits and net actuarial loss		1,559		(631)		928		2,012		(806)		1,206
Postretirement benefits		995		(386)		609		2,012		(806)		1,206
Proportionate share of Telesat Holdco other comprehensive (loss) gain		(127)		44		(83)		736		(292)		444
Derivatives:
Unrealized loss on foreign currency hedges		—		—		—		(213)		85		(128)
Less: reclassification adjustment for loss included in net income from discontinued operations		—		—		—		1,134		(453)		681
Net unrealized gain on derivatives		—		—		—		921		(368)		553
Unrealized gain on available-for-sale securities		—		—		—		138		(56)		82
Other comprehensive income	$	868	$	(342)	$	526	$	3,807	$	(1,522)	$	2,285

	Nine Months Ended September 30,
	2013						2012
	Before-Tax		Tax (Expense)		Net-of-Tax		Before-Tax		Tax (Expense)		Net-of-Tax
	Amount		Benefit		Amount		Amount		Benefit		Amount
Postretirement Benefits:
Net actuarial loss and prior service credits	$	(564)	$	245	$	(319)	$	—	$	—	$	—
Amortization of prior service credits and net actuarial loss		4,573		(1,782)		2,791		6,036		(2,423)		3,613
Postretirement benefits		4,009		(1,537)		2,472		6,036		(2,423)		3,613
Proportionate share of Telesat Holdco other comprehensive (loss) income		(127)		44		(83)		775		(310)		465
Derivatives:
Unrealized loss on foreign currency hedges		—		—		—		(498)		200		(298)
Less: reclassification adjustment for loss included in net income from discontinued operations		—		—		—		6,290		(2,526)		3,764
Net unrealized gain on derivatives		—		—		—		5,792		(2,326)		3,466
Unrealized loss on available-for-sale securities		—		—		—		(79)		31		(48)
Other comprehensive income	$	3,882	$	(1,493)	$	2,389	$	12,524	$	(5,028)	$	7,496