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OTHER COMPREHENSIVE INCOME (Tables)
3 Months Ended
Mar. 31, 2015
EQUITY [Abstract]  
Accumulated Other Comprehensive Income (Loss) Net Of Tax

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31

 

 

December 31

 

 

March 31

 

in thousands

2015 

 

 

2014 

 

 

2014 

 

AOCI

 

 

 

 

 

 

 

 

Cash flow hedges

$       (18,074)

 

 

$       (20,322)

 

 

$       (22,193)

 

Pension and postretirement benefit plans

(138,711)

 

 

(141,392)

 

 

(72,733)

 

Total

$     (156,785)

 

 

$     (161,714)

 

 

$       (94,926)

 

 

Changes In Accumulated Other Comprehensive Income (Loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and 

 

 

 

 

 

Cash Flow

 

 

Postretirement

 

 

 

 

in thousands

Hedges

 

 

Benefit Plans

 

 

Total

 

AOCI

 

 

 

 

 

 

 

 

Balance as of December 31, 2014

$       (20,322)

 

 

$     (141,392)

 

 

$     (161,714)

 

Other comprehensive income

 

 

 

 

 

 

 

 

 before reclassifications

 

 

 

 

 

Amounts reclassified from AOCI

2,248 

 

 

2,681 

 

 

4,929 

 

Net current period OCI changes

2,248 

 

 

2,681 

 

 

4,929 

 

Balance as of March 31, 2015

$       (18,074)

 

 

$     (138,711)

 

 

$     (156,785)

 

 

Reclassification of Amounts from Other Comprehensive Income Loss to Earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

 

March 31

 

in thousands

2015 

 

 

2014 

 

Reclassification Adjustment for Cash Flow

 

 

 

 

 

 Hedge Losses

 

 

 

 

 

Interest expense

$          3,721 

 

 

$          4,934 

 

Benefit from income taxes

(1,473)

 

 

(1,949)

 

Total

$          2,248 

 

 

$          2,985 

 

Amortization of Pension and Postretirement

 

 

 

 

 

 Plan Actuarial Loss and Prior Service Cost

 

 

 

 

 

Cost of revenues

$          3,532 

 

 

$         (1,587)

 

Selling, administrative and general expenses

872 

 

 

(418)

 

(Benefit from) provision for income taxes

(1,723)

 

 

783 

 

Total 1 

$          2,681 

 

 

$         (1,222)

 

Total reclassifications from AOCI to earnings

$          4,929 

 

 

$          1,763 

 

 

 

 

March 2014 includes a one-time curtailment gain (see Note 10) resulting from the sale of our cement and concrete businesses in the Florida area (see Note 16).