COMPREHENSIVE INCOME (LOSS)

9 Months Ended

Sep. 30, 2013

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

COMPREHENSIVE INCOME (LOSS)

COMPREHENSIVE INCOME (LOSS)

Comprehensive income (loss) is a term used to refer to net earnings (loss) plus other comprehensive income (loss). Other comprehensive income (loss) is comprised of revenues, expenses, gains, and losses that, under generally accepted accounting principles, are reported as separate components of shareholders’ equity instead of net earnings (loss). Forest’s other comprehensive income during the three and nine months ended September 30, 2013 consists of actuarial losses reclassified from accumulated other comprehensive loss and included in net periodic benefit cost.

The components of other comprehensive income, both before-tax and net-of-tax, for the three and nine months ended September 30, 2013 are as follows:

	Before-Tax		Tax (Expense) / Benefit		Net-of-Tax
	(In Thousands)
Three Months Ended September 30, 2013:
Defined benefit postretirement plans
Actuarial losses reclassified from accumulated other comprehensive loss and included in net periodic benefit cost	$	343	$	—	$	343
Other comprehensive income	$	343	$	—	$	343
Nine Months Ended September 30, 2013:
Defined benefit postretirement plans
Actuarial losses reclassified from accumulated other comprehensive loss and included in net periodic benefit cost	$	1,030	$	—	$	1,030
Other comprehensive income	$	1,030	$	—	$	1,030

The change in the accumulated balance of other comprehensive income (loss) during the nine months ended September 30, 2013 is as follows:

	Accumulated Other Comprehensive Income (Loss)(1)
	(In Thousands)
Defined benefit postretirement plans
Balance at December 31, 2012	$	(20,514	)
Amounts reclassified from accumulated other comprehensive loss	1,030
Other comprehensive income	1,030
Balance at September 30, 2013	$	(19,484	)

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(1) All amounts are net of tax.