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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Table)
9 Months Ended
Sep. 30, 2016
Stockholders' Equity Note [Abstract]  
Schedule of Comprehensive Income (Loss)
The cumulative balance of each component of accumulated other comprehensive income (AOCI), net of tax, is as follows:
 
(In thousands)
Foreign currency translation adjustments, net
 
Total pension and postretirement adjustments, net
 
Accumulated other comprehensive income (loss)
December 31, 2014
$
(20,283
)
 
$
(108,128
)
 
$
(128,411
)
Current period other comprehensive loss
(87,527
)
 
(9,990
)
 
(97,517
)
December 31, 2015
$
(107,810
)
 
$
(118,118
)
 
$
(225,928
)
Other comprehensive loss before reclassifications (1)
(26,907
)
 
(257
)
 
(27,164
)
Amounts reclassified from accumulated other comprehensive loss (1)

 
5,023

 
5,023

Net current period other comprehensive income (loss)
(26,907
)
 
4,766

 
(22,141
)
September 30, 2016
$
(134,717
)
 
$
(113,352
)
 
$
(248,069
)


(1)
All amounts are after tax.
Reclassification out of Accumulated Other Comprehensive Income
Details of amounts reclassified from accumulated other comprehensive income (loss) are below:
 
(In thousands)
Amount reclassified from AOCI
 
Affected line item in the statement where net earnings is presented
Defined benefit pension and other postretirement benefit plans
 
 
 
Amortization of prior service costs
527

 
(1)
Amortization of actuarial losses
(8,596
)
 
(1)
 
(8,069
)
 
Total before tax
 
3,046

 
Income tax
Total reclassifications
$
(5,023
)
 
Net of tax


(1)
These items are included in the computation of net periodic benefit cost.  See Note 8, Pension and Other Postretirement Benefit Plans.