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Reclassifications from Accumulated Other Comprehensive Income (Tables)
 9 Months Ended
Sep. 30, 2014
Reclassifications from Accumulated Other Comprehensive Income [Abstract]  
Reclassifications from Accumulated Other Comprehensive Income
Amounts of (income) expense reclassified from AOCI are as follows (in thousands):
AOCI Component
 
Line Items Affected by Reclassifications from AOCI in the Condensed Consolidated Statements of Operations
 
(Income) / expense reclassified from AOCI for the quarter ended September 30,
 
(Income) / expense reclassified from AOCI for the nine months ended September 30,
 
2014
 
2013
 
2014
 
2013
Currency translation
 
Other income (expense), net
 
$
—

 
$
—

 
$
252

 
$
—

Available-for-sale investment
 
Other income (expense), net
 
—

 
—

 
—

 
(561
)
Currency hedge portfolio derivatives
 
Net sales
 
(1,543
)
 
6,114

 
504

 
21,328

Bunker fuel forward contracts
 
Cost of sales
 
822

 
(2,277
)
 
586

 
(7,267
)
Prior service cost and recognized actuarial loss amortization related to pensions*
 
 
 
297

 
342

 
893

 
1,018

* These accumulated other comprehensive income components are included in the computation of net periodic pension cost. See Note 9 for further details.
Schedule of Accumulated Other Comprehensive Income (Loss)
The changes in the components of accumulated other comprehensive income, net of tax, for the quarter and nine months ended September 30, 2014 were as follows:
(In thousands)
Net cumulative currency translation gains (losses)
 
Net unrealized losses on qualifying cash flow hedges
 
Net unrecognized losses related to pension and severance plans (1)
 
Total
Balance at June 30, 2014
$
(202
)
 
$
(448
)
 
$
(19,969
)
 
$
(20,619
)
Other comprehensive income (loss) before reclassifications
1

 
19,072

 
—

 
19,073

Amounts reclassified from accumulated other comprehensive income
—

 
(721
)
 
297

 
(424
)
Net current-period other comprehensive income (loss)
1

 
18,351

 
297

 
18,649

Balance at September 30, 2014
$
(201
)
 
$
17,903

 
$
(19,672
)
 
$
(1,970
)
(In thousands)
Net cumulative currency translation gains (losses)
 
Net unrealized losses on qualifying cash flow hedges
 
Net unrecognized losses related to pension and severance plans (1)
 
Total
Balance at December 31, 2013
$
(469
)
 
$
(5,654
)
 
$
(19,660
)
 
$
(25,783
)
Other comprehensive income (loss) before reclassifications
16

 
22,467

 
(905
)
 
21,578

Amounts reclassified from accumulated other comprehensive income
252

 
1,090

 
893

 
2,235

Net current-period other comprehensive income (loss)
268

 
23,557

 
(12
)
 
23,813

Balance at September 30, 2014
$
(201
)
 
$
17,903

 
$
(19,672
)
 
$
(1,970
)
(1) Net of deferred tax liability of $271, $271, and $530 as of September 30, 2014, June 30, 2014, and December 31, 2013, respectively.

The changes in the components of accumulated other comprehensive income, net of tax, for the quarter and nine months ended September 30, 2013 were as follows:
(In thousands)
Net cumulative currency translation gains (losses)
 
Net unrealized losses on qualifying cash flow hedges
 
Unrealized gains on available-for-sale investment
 
Net unrecognized losses related to pension and severance plans (1)
 
Total
Balance at June 30, 2013
$
252

 
$
(8,463
)
 
$
—

 
$
(24,977
)
 
$
(33,188
)
Other comprehensive income (loss) before reclassifications
(753
)
 
(6,183
)
 
—

 
(42
)
 
(6,978
)
Amounts reclassified from accumulated other comprehensive income
—

 
3,837

 
—

 
342

 
4,179

Net current-period other comprehensive income
(753
)
 
(2,346
)
 
—

 
300

 
(2,799
)
Balance at September 30, 2013
$
(501
)
 
$
(10,809
)
 
$
—

 
$
(24,677
)
 
$
(35,987
)
(In thousands)
Net cumulative currency translation gains (losses)
 
Net unrealized losses on qualifying cash flow hedges
 
Unrealized gains on available-for-sale investment
 
Net unrecognized losses related to pension and severance plans (1)
 
Total
Balance at December 31, 2012
$
(120
)
 
$
(16,562
)
 
$
404

 
$
(24,247
)
 
$
(40,525
)
Other comprehensive income (loss) before reclassifications
(381
)
 
(8,308
)
 
157

 
(1,448
)
 
(9,980
)
Amounts reclassified from accumulated other comprehensive income
—

 
14,061

 
(561
)
 
1,018

 
14,518

Net current-period other comprehensive income
(381
)
 
5,753

 
(404
)
 
(430
)
 
4,538

Balance at September 30, 2013
$
(501
)
 
$
(10,809
)
 
$
—

 
$
(24,677
)
 
$
(35,987
)
(1) Net of deferred tax liability of $150, $153 and $283 as of September 30, 2013, June 30, 2013 and December 31, 2012, respectively.