ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

9 Months Ended

Sep. 30, 2014

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Summary of changes in accumulated other comprehensive income (loss) by component

The following table summarizes the changes in accumulated other comprehensive income (loss) by component for the nine months ended September 30, 2014 (in thousands):

	Foreign Currency Translation Adjustment			Pension and Other Post Retirement Liability Adjustment			Total
Balance, as of December 31, 2013	$	15,131		$	(9,229	)	$	5,902
Other comprehensive income (loss) before reclassifications	(7,577		)	—			(7,577		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			191			191
Net current-period other comprehensive income (loss)	(7,577		)	191			(7,386		)
Balance, as of September 30, 2014	$	7,554		$	(9,038	)	$	(1,484	)

Schedule of reclassifications made from accumulated other comprehensive income (loss) to the statement of operations

The following reclassifications were made from accumulated other comprehensive income (loss) to the condensed consolidated statements of operations and other comprehensive income for the three months ended (in thousands):

	September 30, 2014			September 30, 2013
Amortization of pension and other post retirement liability adjustments
Prior Service Costs (1)	$	(558	)	$	(840	)
Actuarial Losses (1)	656			2,348
Total Before Tax	98			1,508
Tax Benefit	(34		)	(595		)
Net of Tax	$	64		$	913

(1) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension costs. See Note 10 for additional information.

The following reclassifications were made from accumulated other comprehensive income (loss) to the condensed consolidated statements of operations and other comprehensive income for the nine months ended (in thousands):

	September 30, 2014			September 30, 2013
Amortization of pension and other post retirement liability adjustments
Prior Service Costs (1)	$	(1,674	)	$	(2,520	)
Actuarial Losses (1)	1,968			7,044
Total Before Tax	294			4,524
Tax Benefit	(103		)	(1,742		)
Net of Tax	$	191		$	2,782

(1) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension costs. See Note 10 for additional information.