Other Comprehensive Income Tables

3 Months Ended

Mar. 31, 2013

Other Comprehensive Income [Abstract]

Changes in Accumulated Other Comprehensive Income

The following table displays the changes in Accumulated Other Comprehensive Income by components for the three months ended March 31, 2013 (all amounts are stated net of tax):

($ in thousands)	Cumulative translation adjustment			Defined benefit pension items			Unrealized gains and losses on cash flow hedges			Total
Accumulated other comprehensive income - balance at January 1, 2013	$	1,219		$	(120,843	)	$	(980	)	$	(120,604	)
Other comprehensive earnings before reclassifications		(1,741	)		—			22			(1,719	)
Amounts reclassified from accumulated other comprehensive income (1)		—			1,543			47			1,590
Net current period other comprehensive income	$	(1,741	)	$	1,543		$	69		$	(129	)
Accumulated other comprehensive income - balance at March 31, 2013	$	(522	)	$	(119,300	)	$	(911	)	$	(120,733	)

⁽¹⁾  Includes $2,019 of actuarial loss that was reclassified to Cost of goods sold $700, Selling, general and administrative expenses $938 and Research and development expenses $381 on CTS’ Condensed Consolidated Statements of Earnings. The tax impact of this reclassification was $774.