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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The following table summarizes the changes in accumulated other comprehensive income (loss) net of tax by component for the nine months ended September 30, 2018 (in thousands):
 
Unrealized gains (losses) on Interest Rate Swaps
 
Foreign
Currency
Translation
Adjustment
 
Pension and
Other Post-Employment
Liability
Adjustment
 
Total
Balance, as of December 31, 2017
$

 
$
(5,487
)
 
$
(38,287
)
 
$
(43,774
)
Adoption of ASU 2018-02

 

 
(6,250
)
 
(6,250
)
Other comprehensive income before reclassifications
1,964

 
(13,447
)
 
5,036

 
(6,447
)
Amounts reclassified from accumulated other comprehensive loss

 

 
4,026

 
4,026

Net current-period other comprehensive income
1,964


(13,447
)
 
9,062

 
(2,421
)
Balance, as of September 30, 2018
$
1,964


$
(18,934
)
 
$
(35,475
)
 
$
(52,445
)

The following reclassifications were made from accumulated other comprehensive income (loss) to the condensed consolidated statements of operations and other comprehensive income (in thousands):
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2018
 
September 30, 2017
 
September 30, 2018
 
September 30, 2017
Amortization of pension and other post-employment liability adjustments
 
 
 
 
 
 
 
Prior service credits (1)
$
(182
)
 
$
(371
)
 
$
(546
)
 
$
(1,113
)
Actuarial losses (1)
55

 
155

 
751

 
465

Loss recognized during settlement
628

 

 
5,236

 

Total before tax
501

 
(216
)
 
5,441

 
(648
)
Tax (benefit) expense
(158
)
 
77

 
(1,415
)
 
234

Net of tax
$
343

 
$
(139
)
 
$
4,026

 
$
(414
)
(1) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension costs, and are included in Other income, net within the Condensed Consolidated Statements of Operations and Comprehensive Income. See Note 5 for additional information.