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Accumulated Other Comprehensive Income (Loss)
 3 Months Ended
Mar. 31, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income
ACCUMULATED OTHER COMPREHENSIVE INCOME
The other comprehensive (loss) income consists of the following components:
 
  
Three Months Ended March 31
  
2015
 
2014
  
Before-Tax
 
Income
 
After-Tax
 
Before-Tax
 
Income
 
After-Tax
(in thousands)
Amount
 
Tax
 
Amount
 
Amount
 
Tax
 
Amount
Foreign currency translation adjustments:
  
 
  
 
  
 
  
 
  
 
  
Translation adjustments arising during the period
$
(12,088
)
 
$
—

 
$
(12,088
)
 
$
746

 
$
—

 
$
746

Adjustment for sale of a business with foreign operations
(41
)
 
—

 
(41
)
 
—

 
—

 
—

  
(12,129
)
 
—

 
(12,129
)
 
746

 
—

 
746

Unrealized (losses) gains on available-for-sale securities:
 
 
  
 
  
 
  
 
  
 
  
Unrealized (losses) gains for the period, net
(8,878
)
 
3,552

 
(5,326
)
 
27,738

 
(11,096
)
 
16,642

Reclassification adjustment for write-down and realization of loss on sale of available-for-sale securities included in net income
—

 
—

 
—

 
785

 
(314
)
 
471

  
(8,878
)
 
3,552

 
(5,326
)
 
28,523

 
(11,410
)
 
17,113

Pension and other postretirement plans:
  
 
  
 
  
 
  
 
  
 
  
Amortization of net prior service cost (credit) included in net income
69

 
(27
)
 
42

 
(102
)
 
40

 
(62
)
Amortization of net actuarial loss (gain) included in net income
629

 
(252
)
 
377

 
(7,182
)
 
2,873

 
(4,309
)
  
698

 
(279
)
 
419

 
(7,284
)
 
2,913

 
(4,371
)
Cash flow hedge:
 
 
  
 
  
 
  
 
  
 
  
Gain for the period
179

 
(71
)
 
108

 
172

 
(69
)
 
103

Other Comprehensive (Loss) Income
$
(20,130
)
 
$
3,202

 
$
(16,928
)
 
$
22,157

 
$
(8,566
)
 
$
13,591


The accumulated balances related to each component of other comprehensive income are as follows:
(in thousands, net of taxes)
Cumulative
Foreign
Currency
Translation
Adjustment
 
Unrealized Gain
on Available-for-
Sale Securities
 
Unrealized Gain
on Pensions
and Other
Postretirement
Plans
 
Cash Flow
Hedge
 
Accumulated
Other
Comprehensive
Income
Balance as of December 31, 2014
$
8,548

 
$
52,130

 
$
392,910

 
$
(108
)
 
$
453,480

Other comprehensive (loss) income before reclassifications
(12,088
)
 
(5,326
)
 
—

 
29

 
(17,385
)
Net amount reclassified from accumulated other comprehensive income
(41
)
 
—

 
419

 
79

 
457

Other comprehensive (loss) income, net of tax
(12,129
)
 
(5,326
)
 
419

 
108

 
(16,928
)
Balance as of March 31, 2015
$
(3,581
)
 
$
46,804

 
$
393,329

 
$
—

 
$
436,552


The amounts and line items of reclassifications out of Accumulated Other Comprehensive Income are as follows:
  
Three Months Ended 
 March 31
 
Affected Line Item in the Condensed Consolidated Statement of Operations
  
 
(in thousands)
2015
 
2014
 
Foreign Currency Translation Adjustments:
  
 
  
 
  
Adjustment for sale of a business with foreign operations
$
(41
)
 
$
—

 
(Loss) Income from Discontinued
  
  
 
  
 
Operations, Net of Tax
Unrealized Gains on Available-for-sale Securities:
  
 
  
 
  
Realized loss for the period
$
—

 
$
785

 
Other (expense) income, net
  
—

 
(314
)
 
Provision for Income Taxes
  
—

 
471

 
Net of Tax
Pension and Other Postretirement Plans:
 
 
  
 
  
Amortization of net prior service cost (credit)
69

 
(102
)
 
(1)
Amortization of net actuarial loss (gain)
629

 
(7,182
)
 
(1)
  
698

 
(7,284
)
 
Before tax
  
(279
)
 
2,913

 
Provision for Income Taxes
  
419

 
(4,371
)
 
Net of Tax
Cash Flow Hedge
 
 
  
 
  
  
132

 
212

 
Interest expense
  
(53
)
 
(85
)
 
Provision for Income Taxes
  
79

 
127

 
Net of Tax
Total reclassification for the period
$
457

 
$
(3,773
)
 
Net of Tax
____________
(1)
These accumulated other comprehensive income components are included in the computation of net periodic pension and postretirement plan cost (see Note 9).