XML 58 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
6 Months Ended
Jun. 30, 2014
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
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, 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
(89
)
 

 
(89
)
Amounts reclassified from accumulated other comprehensive income (loss)

 
127

 
127

Net current-period other comprehensive income (loss)
(89
)
 
127

 
38

Balance, as of June 30, 2014
$
15,042

 
$
(9,102
)
 
$
5,940



NOTE 9. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (continued)

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, 2014
 
June 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 six months ended (in thousands):

 
June 30, 2014
 
June 30, 2013
Amortization of pension and other post-retirement liability adjustments
 
 
 
Prior Service Costs (1)
$
(1,116
)
 
$
(1,680
)
Actuarial Losses (1)
1,312

 
4,696

Total Before Tax
196

 
3,016

Tax Benefit
(69
)
 
(1,147
)
Net of Tax
$
127

 
$
1,869


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