OTHER COMPREHENSIVE INCOME

6 Months Ended

Jun. 30, 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:

	June 30	December 31	June 30
in thousands	2016	2015	2015
AOCI
Cash flow hedges	$       (13,899)	$       (14,494)	$       (14,997)
Pension and postretirement plans	(105,535)	(105,575)	(136,014)
Total	$     (119,434)	$     (120,069)	$     (151,011)

Changes in AOCI, net of tax, for the six months ended June 30, 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	595	40	635
Net current period OCI changes	595	40	635
Balance as of June 30, 2016	$       (13,899)	$     (105,535)	$     (119,434)

Amounts reclassified from AOCI to earnings, are as follows:

	Three Months Ended		Six Months Ended
	June 30		June 30
in thousands	2016	2015	2016	2015
Reclassification Adjustment for Cash Flow
Hedge Losses
Interest expense	$            497	$         5,094	$            983	$         8,815
Benefit from income taxes	(196)	(2,017)	(388)	(3,490)
Total	$            301	$         3,077	$            595	$         5,325
Amortization of Pension and Postretirement
Plan Actuarial Loss and Prior Service Cost
Cost of revenues	$              27	$         3,643	$              55	$         7,175
Selling, administrative and general expenses	6	788	12	1,660
Benefit from income taxes	(13)	(1,734)	(27)	(3,457)
Total	$              20	$         2,697	$              40	$         5,378
Total reclassifications from AOCI to earnings	$            321	$         5,774	$            635	$       10,703