ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

6 Months Ended

Jun. 30, 2013

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 7: ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table summarizes the changes in accumulated other comprehensive income (loss) by component for the six months ended June 30, 2013 (in thousands):

	Foreign Currency Translation Adjustment			Pension and Other Post Retirement Liability Adjustment			Total
Balance, as of December 31, 2012	$	21,078		$	(45,958	)	$	(24,880	)
Other comprehensive income (loss) before reclassifications	(7,211		)	43			(7,168		)
Amounts reclassified from accumulated other comprehensive income (loss)	—			1,826			1,826
Net current-period other comprehensive income (loss)	(7,211		)	1,869			(5,342		)
Balance, as of June 30, 2013	$	13,867		$	(44,089	)	$	(30,222	)

The following reclassifications were made from accumulated other comprehensive income (loss) to the statement of operations for the three months ended June 30, 2013 (in thousands):

	Amount reclassified from accumulated other comprehensive income (loss)			Affected line item in the condensed consolidated statement of operations and comprehensive income
Amortization of defined benefit pension items
Prior Service Costs	$	840	(1)
Actuarial Losses	(2,348		)(1)
Total Before Tax	(1,508		)
Tax Benefit	595
Net of Tax	$	(913	)

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

The following reclassifications were made from accumulated other comprehensive income (loss) to the statement of operations for the six months ended June 30, 2013 (in thousands):

	Amount reclassified from accumulated other comprehensive income (loss)			Affected line item in the condensed consolidated statement of operations and comprehensive income
Amortization of defined benefit pension items
Prior Service Costs	$	1,680	(1)
Actuarial Losses	(4,696		)(1)
Total Before Tax	(3,016		)
Tax Benefit	1,190
Net of Tax	$	(1,826	)

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