Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2017

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

5. Accumulated Other Comprehensive Income (Loss)

The change in Accumulated Other Comprehensive Income (Loss) (“AOCI”) by component, net of tax, for the period ended June 30, 2017 was as follows (amounts in thousands):

	Foreign Currency Translation			Cash Flow Hedges			Defined Benefit Pension Plans			Total
AOCI, balance as of December 31, 2016	$	(8,439	)	$	172		$	(38,189	)	$	(46,456	)
Other comprehensive income (loss) before reclassifications		1,477			(75	)		-			1,402
Amounts reclassified from AOCI		-			107			1,408			1,515
Net other comprehensive income		1,477			32			1,408			2,917
AOCI, balance as of June 30, 2017	$	(6,962	)	$	204		$	(36,781	)	$	(43,539	)

The following table details the amounts reclassified out of AOCI into the income statement during the three and six months ended June 30, 2017 (in thousands):

	Amount Reclassified From AOCI
	For the Three			For the Six
	Months Ended			Months Ended
	June 30,			June 30,			Affected Line Item In The Statement
Details About AOCI Components	2017			2017			Where Net Income is Presented
Realized and unrealized gains (losses) on cash flow hedges
Gain on interest rate swap, before tax	$	45		$	175		Interest expense, net
		(17	)		(68	)	Tax provision
	$	28		$	107		Net of tax
Defined benefit pension plan items
Amortization of prior service cost and unrecognized loss	$	1,134		$	2,268		Warehousing, marketing and administrative expenses
		(430	)		(860	)	Tax provision
		704			1,408		Net of tax
Total reclassifications for the period, net of tax	$	732		$	1,515