Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2015

Other Comprehensive Income (Loss) [Abstract]

Other Comprehensive Income (Loss)

13.OTHER COMPREHENSIVE INCOME (LOSS)

Other comprehensive income (loss) includes changes in the fair value of interest rate swaps and fuel hedges 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, 2015 and 2014, are as follows: 

	Three months ended June 30, 2015
	Gross		Tax effect		Net of tax
Interest rate swap amounts reclassified into interest expense	$	1,037	$	(398)	$	639
Fuel hedge amounts reclassified into cost of operations		677		(260)		417
Changes in fair value of interest rate swaps		1,036		(397)		639
Changes in fair value of fuel hedges		(1,662)		638		(1,024)
	$	1,088	$	(417)	$	671

	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 hedges		466		(179)		287
	$	(1,162)	$	446	$	(716)

	Six months ended June 30, 2015
	Gross		Tax effect		Net of tax
Interest rate swap amounts reclassified into interest expense	$	2,072	$	(795)	$	1,277
Fuel hedge amounts reclassified into cost of operations		1,292		(495)		797
Changes in fair value of interest rate swaps		(4,437)		1,702		(2,735)
Changes in fair value of fuel hedges		(2,178)		835		(1,343)
	$	(3,251)	$	1,247	$	(2,004)

	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 hedges		181		(71)		110
	$	(996)	$	385	$	(611)

A rollforward of the amounts included in AOCL, net of taxes, for the six months ended June 30, 2015 and 2014, is as follows: 

	Fuel Hedges		Interest Rate Swaps		Accumulated Other Comprehensive Loss
Balance at December 31, 2014	$	(1,221)	$	(4,372)	$	(5,593)
Amounts reclassified into earnings		797		1,277		2,074
Changes in fair value		(1,343)		(2,735)		(4,078)
Balance at June 30, 2015	$	(1,767)	$	(5,830)	$	(7,597)

	Fuel Hedges		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 9 for further discussion on the Company’s derivative instruments.