XML 37 R26.htm IDEA: XBRL DOCUMENT v3.5.0.2
Other Comprehensive Income (Tables)
9 Months Ended
Sep. 30, 2016
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The following table presents changes in accumulated other comprehensive income by component for the nine months ended September 30, 2016 and 2015:
 
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, 2015
$
(57,394
)
 
$
3,016

 
$
(212,271
)
 
$
(266,649
)
Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
Amounts recognized in accumulated other comprehensive income (loss), net of tax

 
(3,760
)
 
(4,545
)
 
(8,305
)
Foreign currency translation adjustment
162

 
(217
)
 
(2,071
)
 
(2,126
)
Amounts recognized from accumulated other comprehensive income (loss), net of tax

 
(3,121
)
 
13,798

 
10,677

Net change in other comprehensive income (loss), net of tax
162

 
(7,098
)
 
7,182

 
246

Balance at September 30, 2016
$
(57,232
)
 
$
(4,082
)
 
$
(205,089
)
 
$
(266,403
)
Disclosure of Reclassification Amount [Text Block]
The following table presents amounts recognized from accumulated other comprehensive income (loss) for the three and nine month periods ended September 30:
 
 
Three months ended September 30,
 
 
 
 
2016
 
2015
 
Location of Amounts Recognized in Earnings
Effective portion of (gains) / losses on cash flow hedging arrangements:
 
 
 
 
 
 
Interest rate swap agreements
 
$
258

 
$
777

 
Interest expense
Foreign currency forward contracts
 
(1,601
)
 
(2,816
)
 
Cost of sales - products
Total before taxes
 
(1,343
)
 
(2,039
)
 
 
Provision for taxes
 
(229
)
 
(278
)
 
Provision for taxes
Total, net of taxes
 
$
(1,114
)
 
$
(1,761
)
 
 
 
 
 
 
 
 
 
Recognition of defined benefit pension and post-retirement items:
 
 
 
 
 
 
Recognition of actuarial losses and prior service cost, before taxes
 
$
3,996

 
$
2,675

 
(a)
Provision for taxes
 
1,033

 
761

 
Provision for taxes
Total, net of taxes
 
$
2,963

 
$
1,914

 
 
Schedule of Comprehensive Income (Loss) [Table Text Block]
Comprehensive income (loss), net of tax consisted of the following as of September 30:
 
Three Months Ended
 
Nine Months Ended
 
2016
 
2015
 
2016
 
2015
Net earnings
$
101,332

 
$
88,861

 
$
246,594

 
$
229,469

Other comprehensive income (loss), net of tax
16,372

 
(40,613
)
 
246

 
(25,089
)
Comprehensive income, net of tax
$
117,704

 
$
48,248

 
$
246,840

 
$
204,380