Other Comprehensive Income (Notes)

6 Months Ended

Jun. 30, 2014

Other Comprehensive Income [Abstract]

Comprehensive Income (Loss) Note [Text Block]

ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table presents changes in accumulated other comprehensive income by component for the six months ended June 30, 2014 and 2013:

	Currency Translation Adjustment, Net of Tax			Net Unrealized Gain (Loss) on Cash Flow Hedging Arrangements, Net of Tax			Pension and Post-Retirement Benefit Related Items, Net of Tax			Total
Balance at December 31, 2013	$	77,915		$	(2,433	)	$	(110,518	)	$	(35,036	)
Other comprehensive income (loss), net of tax:
Unrealized gains (losses) on cash flow hedging arrangements	—			(854		)	—			(854		)
Foreign currency translation adjustment	(1,286		)	10			8			(1,268		)
Amounts recognized from accumulated other comprehensive income (loss), net of tax	—			788			797			1,585
Net change in other comprehensive income (loss), net of tax	(1,286		)	(56		)	805			(537		)
Balance at June 30, 2014	$	76,629		$	(2,489	)	$	(109,713	)	$	(35,573	)

	Currency Translation Adjustment, Net of Tax			Net Unrealized Gain (Loss) on Cash Flow Hedging Arrangements, Net of Tax			Pension and Post-Retirement Benefit Related Items, Net of Tax			Total
Balance at December 31, 2012	$	56,012		$	(5,438	)	$	(148,035	)	$	(97,461	)
Other comprehensive income (loss), net of tax:
Unrealized gains (losses) on cash flow hedging arrangements	—			(398		)	—			(398		)
Foreign currency translation adjustment	(19,393		)	(4		)	2,872			(16,525		)
Amounts recognized from accumulated other comprehensive income (loss), net of tax	—			1,756			3,887			5,643
Net change in other comprehensive income (loss), net of tax	(19,393		)	1,354			6,759			(11,280		)
Balance at June 30, 2013	$	36,619		$	(4,084	)	$	(141,276	)	$	(108,741	)

The following table presents amounts recognized from accumulated other comprehensive income (loss) for the three and six month periods ended June 30:

	Three months ended June 30,
	2014			2013		Location of Amounts Recognized in Earnings
Effective portion of losses on cash flow hedging arrangements:
Interest rate swap agreements	$	778		$	766	Interest expense
Foreign currency forward contracts	(164		)	557		Cost of sales - products
Total before taxes	614			1,323
Provision for taxes	266			409		Provision for taxes
Total, net of taxes	$	348		$	914
Recognition of defined benefit pension and post-retirement items:
Recognition of actuarial losses, plan amendments and prior service cost, before taxes	$	717		$	2,564	(a)
Provision for taxes	316			632		Provision for taxes
Total, net of taxes	$	401		$	1,932

	Six months ended June 30,
	2014			2013		Location of Amounts Recognized in Earnings
Effective portion of losses on cash flow hedging arrangements:
Interest rate swap agreements	$	1,546		$	1,522	Interest expense
Foreign currency forward contracts	(205		)	1,031		Cost of sales - products
Total before taxes	1,341			2,553
Provision for taxes	553			797		Provision for taxes
Total, net of taxes	$	788		$	1,756
Recognition of defined benefit pension and post-retirement items:
Recognition of actuarial losses, plan amendments and prior service cost, before taxes	$	1,429		$	5,136	(a)
Provision for taxes	632			1,249		Provision for taxes
Total, net of taxes	$	797		$	3,887

(a) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and post-retirement cost. See Note 10 for additional details for the three and six months ended June 30, 2014 and 2013.

Comprehensive income (loss), net of tax consisted of the following as of June 30:

	Three Months Ended					Six Months Ended
	2014			2013		2014			2013
Net earnings	$	74,022		$	69,062	$	132,073		$	121,606
Other comprehensive income (loss), net of tax	(2,391		)	5,835		(537		)	(11,280		)
Comprehensive income, net of tax	$	71,631		$	74,897	$	131,536		$	110,326