Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2014

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

9. Accumulated Other Comprehensive Income

The following tables summarize the changes in Accumulated Other Comprehensive Income (OCI) during the three- and six-month periods ended June 30, 2014:

Three Months Ended June 30, 2014
(In thousands)	Cash Flow Hedges (a)			Pension Items (a)			Foreign Currency Items		Total
Balance as of March 31, 2014	$	97		$	(6,830	)	$	12,890	$	6,157
Other comprehensive loss before reclassifications		489			-			4,885		5,374
Amounts reclassified from OCI		(245	)		(60	)		-		(305	)
Balance as of June 30, 2014	$	341		$	(6,890	)	$	17,775	$	11,226

Six Months Ended June 30, 2014
(In thousands)	Cash Flow Hedges (a)			Pension Items (a)			Foreign Currency Items		Total
Balance as of December 31, 2013	$	(99	)	$	(6,768	)	$	12,869	$	6,002
Other comprehensive loss before reclassifications		750			-			4,906		5,656
Amounts reclassified from OCI		(310	)		(122	)		-		(432	)
Balance as of June 30, 2014	$	341		$	(6,890	)	$	17,775	$	11,226

(a) Cash Flow Hedges and Pension Items are net of tax.

The following tables summarize the pension items reclassified out of OCI and into the Statement of Earnings during the three- and six-month periods ended June 30, 2014 and 2013:

(In thousands)	Three Months Ended June 30, 2014			Three Months Ended June 30, 2013
Amortization of pension expense included in selling and administrative expense:
Prior service cost	$	43		$	43
Actuarial (gain) loss		(157	)		799
Total before income taxes		(114	)		842
Tax expense (benefit)		54			(315	)
Total net of tax	$	(60	)	$	527

(In thousands)	Six Months Ended June 30, 2014			Six Months Ended June 30, 2013
Amortization of pension expense included in selling and administrative expense:
Prior service cost	$	86		$	86
Actuarial (gain) loss		(317	)		1,599
Total before income taxes		(231	)		1,685
Tax expense (benefit)		109			(630	)
Total net of tax	$	(122	)	$	1,055