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Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)

14.

Accumulated Other Comprehensive Income (Loss)

The components of changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2016 and June 30, 2015 are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

Foreign

 

 

Defined

 

 

 

 

 

 

Other

 

 

Currency

 

 

Benefit

 

 

Derivative

 

 

Comprehensive

 

 

Adjustments

 

 

Plans

 

 

Agreements

 

 

Income (Loss)

 

Balance at December 31, 2014

$

(16.4

)

 

$

(17.7

)

 

$

(0.6

)

 

$

(34.7

)

Other comprehensive income (loss) before reclassifications

 

(16.3

)

 

 

0.0

 

 

 

5.9

 

 

 

(10.4

)

Amounts reclassified to consolidated statement of

   income (a) (b)

 

0.0

 

 

 

5.2

 

 

 

(3.6

)

 

 

1.6

 

Tax benefit (expense)

 

11.6

 

(c)

 

(1.3

)

 

 

(0.9

)

 

 

9.4

 

Other comprehensive income (loss)

 

(4.7

)

 

 

3.9

 

 

 

1.4

 

 

 

0.6

 

Balance at June 30, 2015

$

(21.1

)

 

$

(13.8

)

 

$

0.8

 

 

$

(34.1

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2015

$

(38.5

)

 

$

(11.5

)

 

$

4.1

 

 

$

(45.9

)

Other comprehensive income (loss) before reclassifications

 

3.4

 

 

 

0.0

 

 

 

(9.5

)

 

 

(6.1

)

Amounts reclassified to consolidated statement of

   income (a) (b)

 

0.0

 

 

 

0.0

 

 

 

(0.3

)

 

 

(0.3

)

Tax benefit (expense)

 

0.0

 

 

 

0.0

 

 

 

2.3

 

 

 

2.3

 

Other comprehensive income (loss)

 

3.4

 

 

 

0.0

 

 

 

(7.5

)

 

 

(4.1

)

Balance at June 30, 2016

$

(35.1

)

 

$

(11.5

)

 

$

(3.4

)

 

$

(50.0

)

 

 

(a)

Amounts classified to cost of sales and selling, general and administrative expenses.  

 

(b)

The Company reclassified a loss of $0.2 and a loss of $3.3 to the consolidated statement of income during the three months ended June 30, 2016 and 2015, respectively.

 

(c)

Refer to Note 10 in the Form 10-K for a discussion of the deferred tax benefit recorded from the liquidation of the Company’s Netherlands subsidiary.