4. RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

As required by FASB’s ASC Subtopic 220-10, “Comprehensive Income—Overall,” the following tables present the amounts reclassified from Accumulated other comprehensive income (loss) by the respective line item in the Unaudited Condensed Consolidated Statements of Income for the three and six months ended June 30, 2014 and 2013.

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)⁽¹⁾

(in thousands)


Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)						Affected Line Item in the Unaudited Condensed Consolidated Statements of Income
	Three Months Ended			Three Months Ended
	June 30, 2014			June 30, 2013
Unrealized losses on cash flow hedges
Interest rate contracts	$	—		$	(574	)	Interest expense
		—			221		Tax benefit

	$	—		$	(353	)	Net of tax


Unrealized gains on available-for-sale securities
Short-term investments	$	—		$	—		Interest income
		—			—		Tax expense

	$	—		$	—		Net of tax


Defined benefit pension plans
Amount recognized as a component of net periodic benefit expense for curtailments and settlements	$	(186	)	$	—	⁽²⁾
		6			—		Tax expense

	$	(180	)	$	—		Net of tax


Foreign currency translation adjustment	$	4,184		$	—	⁽²⁾


Total reclassifications for the period, net of tax	$	4,004		$	(353	)

⁽¹⁾	Amounts in parentheses indicate expenses or losses moved to the Unaudited Condensed Consolidated Statements of Income.

⁽²⁾	These accumulated other comprehensive income components were reclassified to “Income from discontinued operations, net of taxes” as part of the gain on the disposition of ISS.

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)⁽¹⁾

(in thousands)


Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)						Affected Line Item in the Unaudited Condensed Consolidated Statements of Income
	Six Months Ended			Six Months Ended
	June 30, 2014			June 30, 2013
Unrealized losses on cash flow hedges
Interest rate contracts	$	—		$	(1,167	)	Interest expense
		—			447		Tax benefit

	$	—		$	(720	)	Net of tax


Unrealized gains on available-for-sale securities
Short-term investments	$	—		$	5		Interest income
		—			(2	)	Tax expense

	$	—		$	3		Net of tax


Defined benefit pension plans
Amount recognized as a component of net periodic benefit expense for curtailments and settlements	$	(186	)	$	—	⁽²⁾
		6			—		Tax expense

	$	(180	)	$	—		Net of tax


Foreign currency translation adjustment	$	4,184		$	—	⁽²⁾


Total reclassifications for the period, net of tax	$	4,004		$	(717	)

⁽¹⁾	Amounts in parentheses indicate expenses or losses moved to the Unaudited Condensed Consolidated Statements of Income.

⁽²⁾	These accumulated other comprehensive income components were reclassified to “Income from discontinued operations, net of taxes” as part of the gain on the disposition of ISS.