ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

6 Months Ended

Jun. 30, 2015

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 six months ended June 30, 2015 (in thousands):

	Foreign Currency Translation Adjustment			Pension and Other Post-Retirement Liability Adjustment			Total
Balance, as of December 31, 2014	$	2,095		$	(34,777	)	$	(32,682	)
Other comprehensive income (loss) before reclassifications	(12,881		)	—			(12,881		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			2,764			2,764
Net current-period other comprehensive income (loss)	(12,881		)	2,764			(10,117		)
Balance, as of June 30, 2015	$	(10,786	)	$	(32,013	)	$	(42,799	)

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):

	June 30, 2015			June 30, 2014
Amortization of pension and other post-retirement liability adjustments
Prior Service Costs (1)	$	(72	)	$	(558	)
Actuarial Losses (1)	2,258			656
Total Before Tax	2,186			98
Tax Benefit	(804		)	(34		)
Net of Tax	$	1,382		$	64

(1) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension costs. See Note 8 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 six months ended (in thousands):

NOTE 7. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (continued)

	June 30, 2015			June 30, 2014
Amortization of pension and other post-retirement liability adjustments
Prior Service Costs (1)	$	(144	)	$	(1,116	)
Actuarial Losses (1)	4,516			1,312
Total Before Tax	4,372			196
Tax Benefit	(1,608		)	(69		)
Net of Tax	$	2,764		$	127

(1) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension costs. See Note 8 for additional information.