OTHER COMPREHENSIVE INCOME

3 Months Ended

Mar. 31, 2016

OTHER COMPREHENSIVE INCOME [Abstract]

OTHER COMPREHENSIVE INCOME

Note 11: other Comprehensive Income

Comprehensive income comprises two subsets: net earnings and other comprehensive income (OCI). The components of other comprehensive income are presented in the accompanying Condensed Consolidated Statements of Comprehensive Income, net of applicable taxes.

Amounts in accumulated other comprehensive income (AOCI), net of tax, are as follows:

	March 31	December 31	March 31
in thousands	2016	2015	2015
AOCI
Cash flow hedges	$       (14,200)	$       (14,494)	$       (18,074)
Pension and postretirement plans	(105,555)	(105,575)	(138,711)
Total	$     (119,755)	$     (120,069)	$     (156,785)

Changes in AOCI, net of tax, for the three months ended March 31, 2016 are as follows:

		Pension and
	Cash Flow	Postretirement
in thousands	Hedges	Benefit Plans	Total
AOCI
Balance as of December 31, 2015	$       (14,494)	$     (105,575)	$     (120,069)
Amounts reclassified from AOCI	294	20	314
Net current period OCI changes	294	20	314
Balance as of March 31, 2016	$       (14,200)	$     (105,555)	$     (119,755)

Amounts reclassified from AOCI to earnings, are as follows:

	Three Months Ended
	March 31
in thousands	2016	2015
Reclassification Adjustment for Cash Flow
Hedge Losses
Interest expense	$            487	$         3,721
Benefit from income taxes	(193)	(1,473)
Total	$            294	$         2,248
Amortization of Pension and Postretirement
Plan Actuarial Loss and Prior Service Cost
Cost of revenues	$              27	$         3,532
Selling, administrative and general expenses	6	872
Benefit from income taxes	(13)	(1,723)
Total	$              20	$         2,681
Total reclassifications from AOCI to earnings	$            314	$         4,929