ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

6 Months Ended

Jun. 30, 2013

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

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, 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	)

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 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.