Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2015

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table provides changes in the components of accumulated other comprehensive income (loss), net of the related income tax effects.

(in thousands)	Pension and Postretirement Plans
Balance as of December 31, 2014	$	(22,870	)
Amounts reclassified from accumulated other comprehensive income (loss)	2,427
Balance as of June 30, 2015	$	(20,443	)

The following table provides details of the reclassifications out of accumulated other comprehensive income (loss).

	Three months ended
	June 30,
	2015			2014
(in thousands)	Amounts Reclassified						Line Item Where Presented
Gains (losses) on cash flow hedges:
Commodity contracts	$	—		$	5,735		Gain (loss) on derivative instruments, net
Interest rate swap	—			(1,588		)	Interest expense
Total cash flow hedges	—			4,147
Income tax expense	—			(1,623		)
Net of tax	—			2,524
Pension and postretirement plans:
Transition obligation	—			(9		)	General and administrative
Prior service cost	—			(74		)	General and administrative
Actuarial losses	(885		)	(1,649		)	General and administrative
Total pension and postretirement plans	(885		)	(1,732		)
Income tax expense	309			606
Net of tax	(576		)	(1,126		)
Total reclassifications for the period	$	(576	)	$	1,398

	Six months ended
	June 30,
	2015			2014
(in thousands)	Amounts Reclassified						Line Item Where Presented
Gains (losses) on cash flow hedges:
Commodity contracts	$	—		$	9,789		Gain (loss) on derivative instruments, net
Interest rate swap	—			(2,033		)	Interest expense
Total cash flow hedges	—			7,756
Income tax expense	—			(3,008		)
Net of tax	—			4,748
Pension and postretirement plans:
Transition obligation	—			(19		)	General and administrative
Prior service cost	—			(148		)	General and administrative
Actuarial losses	(3,732		)	(10,202		)	General and administrative
Total pension and postretirement plans	(3,732		)	(10,369		)
Income tax expense	1,305			3,630
Net of tax	(2,427		)	(6,739		)
Total reclassifications for the period	$	(2,427	)	$	(1,991	)