XML 68 R21.htm IDEA: XBRL DOCUMENT v2.4.1.9
Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
 
The components of accumulated other comprehensive income (loss) as of December 31 are as follows:
 
2014
2013
Currency translation
$
284

$
6,653

Pension liability
(144,726
)
(139,761
)
Postretirement benefits liability
(7,751
)
(7,255
)
Accumulated other comprehensive loss
$
(152,193
)
$
(140,363
)

The following table represents amounts reclassified from accumulated other comprehensive income (loss) for the years ended December 31, 2014 and 2013:
 
 
2014
 
2013
 
 
Amortization of Pension and Other Postretirement Benefits Items
 
Amortization of Pension and Other Postretirement Benefits Items
 
 
Actuarial Losses Recognized
 
Prior Service Costs Recognized
 
Total
 
Actuarial Losses Recognized
 
Prior Service Costs Recognized
 
Total
Affected Line in Condensed Consolidated Statement of Income:
 
 
 
 
 
 
 
 
 
 
 
 
Selling, general and administrative expenses
 
$
19,695

 
$
(1,229
)
 
$
18,466

 
$
28,165

 
$
(806
)
 
$
27,359

Tax (benefit) expense
 
(7,661
)
 
478

 
(7,183
)
 
(10,957
)
 
314

 
(10,643
)
Total reclassifications for the period, net of tax
 
$
12,034

 
$
(751
)
 
$
11,283

 
$
17,208

 
$
(492
)
 
$
16,716


  
The following table represents the activity included in accumulated other comprehensive income (loss) for the years ended December 31, 2014 and 2013:
 
 
2014
 
2013
 
 
Foreign Currency
 
Pension and Other Postretirement Benefits
 
Total
 
Foreign Currency
 
Pension and Other Postretirement Benefits
 
Total
Beginning balance January 1,
 
$
6,653

 
$
(147,016
)
 
$
(140,363
)
 
$
12,040

 
$
(178,854
)
 
$
(166,814
)
Other comprehensive loss before reclassifications
 
(6,369
)
 
—

 
(6,369
)
 
(5,387
)
 
—

 
(5,387
)
Amounts reclassified from accumulated other comprehensive income (net of tax $(7,183) and $(10,643))
 
—

 
11,283

 
11,283

 
—

 
16,716

 
16,716

Actuarial gain (loss), (net of tax $10,660 and $(9,627))
 
—

 
(16,744
)
 
(16,744
)
 
—

 
15,122

 
15,122

Net current-period other comprehensive (loss) income
 
(6,369
)
 
(5,461
)
 
(11,830
)
 
(5,387
)
 
31,838

 
26,451

Ending balance December 31,
 
$
284

 
$
(152,477
)
 
$
(152,193
)
 
$
6,653

 
$
(147,016
)
 
$
(140,363
)