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Accumulated Other Comprehensive Income (Loss)
 3 Months Ended
Mar. 31, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income (Loss)
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The other comprehensive income consists of the following components:
 
  
Three Months Ended March 31
  
2018
 
2017
  
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
$
11,564

 
$
—

 
$
11,564

 
$
13,668

 
$
—

 
$
13,668

Unrealized gains on available-for-sale securities:
 
 
  
 
  
 
 
 
  
 
  
Unrealized gains for the period, net
—

 
—

 
—

 
9,558

 
(3,823
)
 
5,735

Pension and other postretirement plans:
  
 
  
 
  
 
  
 
  
 
  
Amortization of net prior service cost included in net income
76

 
(21
)
 
55

 
120

 
(48
)
 
72

Amortization of net actuarial gain included in net income
(1,367
)
 
369

 
(998
)
 
(1,823
)
 
729

 
(1,094
)
  
(1,291
)
 
348

 
(943
)
 
(1,703
)
 
681

 
(1,022
)
Cash flow hedge:
 
 
  
 
  
 
  
 
  
 
  
Gain (loss) for the period
236

 
(45
)
 
191

 
(124
)
 
25

 
(99
)
Other Comprehensive Income
$
10,509

 
$
303

 
$
10,812

 
$
21,399

 
$
(3,117
)
 
$
18,282


The accumulated balances related to each component of other comprehensive income (loss) 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, 2017
$
6,314

 
$
194,889

 
$
334,536

 
$
(184
)
 
$
535,555

Reclassification of unrealized gains on available-for-sale-securities to retained earnings as a result of adoption of new guidance
—

 
(194,889
)
 
—

 
—

 
(194,889
)
Other comprehensive income before reclassifications
11,564

 
—

 
—

 
189

 
11,753

Net amount reclassified from accumulated other comprehensive income (loss)
—

 
—

 
(943
)
 
2

 
(941
)
Other comprehensive income (loss), net of tax
11,564

 
—

 
(943
)
 
191

 
10,812

Balance as of March 31, 2018
$
17,878

 
$
—

 
$
333,593

 
$
7

 
$
351,478


The amounts and line items of reclassifications out of Accumulated Other Comprehensive Income (Loss) are as follows:
  
Three Months Ended 
 March 31
 
Affected Line Item in the Condensed Consolidated Statement of Operations
  
 
(in thousands)
2018
 
2017
 
Pension and Other Postretirement Plans:
 
 
  
 
  
Amortization of net prior service cost
$
76

 
$
120

 
(1)
Amortization of net actuarial gain
(1,367
)
 
(1,823
)
 
(1)
  
(1,291
)
 
(1,703
)
 
Before tax
  
348

 
681

 
Provision for Income Taxes
  
(943
)
 
(1,022
)
 
Net of Tax
Cash Flow Hedge
 
 
  
 
  
  
3

 
31

 
Interest expense
  
(1
)
 
(6
)
 
Provision for Income Taxes
  
2

 
25

 
Net of Tax
Total reclassification for the period
$
(941
)
 
$
(997
)
 
Net of Tax
____________
(1)
These accumulated other comprehensive income components are components of net periodic pension and postretirement plan cost (see Note 12) and are included in non-operating pension and postretirement benefit income in the Company's Condensed Consolidated Statements of Operations.