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OTHER COMPREHENSIVE INCOME (Tables)
3 Months Ended
Mar. 31, 2014
EQUITY [Abstract]  
Accumulated Other Comprehensive Income (Loss) Net Of Tax

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31

 

 

December 31

 

 

March 31

 

in thousands

2014 

 

 

2013 

 

 

2013 

 

AOCI

 

 

 

 

 

 

 

 

Cash flow hedges

$       (22,193)

 

 

$       (25,178)

 

 

$       (27,316)

 

Pension and postretirement benefit plans

(72,733)

 

 

(74,453)

 

 

(193,915)

 

Total

$       (94,926)

 

 

$       (99,631)

 

 

$     (221,231)

 

 

Changes In Accumulated Other Comprehensive Income (Loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and

 

 

 

 

 

Cash Flow

 

 

Postretirement

 

 

 

 

in thousands

Hedges

 

 

Benefit Plans

 

 

Total

 

AOCI

 

 

 

 

 

 

 

 

Balance as of December 31, 2013

$       (25,178)

 

 

$       (74,453)

 

 

$       (99,631)

 

Other comprehensive income (loss)

 

 

 

 

 

 

 

 

 before reclassifications  1

 

 

2,942 

 

 

2,942 

 

Amounts reclassified from AOCI

2,985 

 

 

(1,222)

 

 

1,763 

 

Net current period OCI changes

2,985 

 

 

1,720 

 

 

4,705 

 

Balance as of March 31, 2014

$       (22,193)

 

 

$       (72,733)

 

 

$       (94,926)

 

 

Remeasurement of the postretirement obligation as a result of the March 2014 sale of our cement and concrete businesses in the Florida area (see Note 16).

 

Reclassification of Amounts from Other Comprehensive Income Loss to Earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

 

 

 

 

March 31

 

in thousands

2014 

 

 

2013 

 

Reclassification Adjustment for Cash Flow

 

 

 

 

 

 Hedges Losses

 

 

 

 

 

Interest expense

$          4,934 

 

 

$          1,415 

 

Benefit from income taxes

(1,949)

 

 

(561)

 

Total

$          2,985 

 

 

$             854 

 

Amortization of Pension and Postretirement

 

 

 

 

 

 Plan Actuarial Loss and Prior Service Cost

 

 

 

 

 

Cost of goods sold

$         (1,587)

 

 

$          4,457 

 

Selling, administrative and general expenses

(418)

 

 

1,185 

 

(Benefit from) provision for income taxes

783 

 

 

(2,210)

 

Total

$         (1,222)

 

 

$          3,432 

 

Total reclassifications from AOCI to earnings

$          1,763 

 

 

$          4,286