Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2014

Other Comprehensive Income (Loss) [Abstract]

Other Comprehensive Income (Loss)

12.OTHER COMPREHENSIVE INCOME (LOSS)

Other comprehensive income (loss) includes changes in the fair value of interest rate swaps and the fuel hedge that qualify for hedge accounting.  The components of other comprehensive income (loss) and related tax effects for the three and six month periods ended June 30, 2014 and 2013, are as follows: 

	Three months ended June 30, 2014
	Gross		Tax effect		Net of tax
Interest rate swap amounts reclassified into interest expense	$	886	$	(340)	$	546
Fuel hedge amounts reclassified into cost of operations		(304)		117		(187)
Changes in fair value of interest rate swaps		(2,210)		848		(1,362)
Changes in fair value of fuel hedge		466		(179)		287
	$	(1,162)	$	446	$	(716)

	Three months ended June 30, 2013
	Gross		Tax effect		Net of tax
Interest rate swap amounts reclassified into interest expense	$	1,400	$	(536)	$	864
Changes in fair value of interest rate swaps		1,863		(712)		1,151
Changes in fair value of fuel hedge		(543)		208		(335)
	$	2,720	$	(1,040)	$	1,680

	Six months ended June 30, 2014
	Gross		Tax effect		Net of tax
Interest rate swap amounts reclassified into interest expense	$	1,954	$	(749)	$	1,205
Fuel hedge amounts reclassified into cost of operations		(627)		240		(387)
Changes in fair value of interest rate swaps		(2,504)		965		(1,539)
Changes in fair value of fuel hedge		181		(71)		110
	$	(996)	$	385	$	(611)

	Six months ended June 30, 2013
	Gross		Tax effect		Net of tax
Interest rate swap amounts reclassified into interest expense	$	2,779	$	(1,063)	$	1,716
Changes in fair value of interest rate swaps		1,824		(692)		1,132
Changes in fair value of fuel hedge		48		(19)		29
	$	4,651	$	(1,774)	$	2,877

A rollforward of the amounts included in AOCL, net of taxes, is as follows: 

	Fuel Hedge		Interest Rate Swaps		Accumulated Other Comprehensive Loss
Balance at December 31, 2013	$	1,357	$	(3,226)	$	(1,869)
Amounts reclassified into earnings		(387)		1,205		818
Changes in fair value		110		(1,539)		(1,429)
Balance at June 30, 2014	$	1,080	$	(3,560)	$	(2,480)

See Note 8 for further discussion on the Company’s derivative instruments.