Note 5 – ACCUMULATED OTHER COMPREHENSIVE LOSS

A summary of the component items (all affecting the “Costs and expenses” line item within the Condensed Statements of Income) showing the reclassifications out of Accumulated other comprehensive loss (“AOCL”) is as follows:



	Amounts reclassified from AOCL
	Three Months Ended June 30
Component item	2013		2012
Amortization of defined pension items:
Prior service cost	$	4,368	$	4,368
Net loss		165,884		123,097
Total	$	170,252	$	127,465

	Amounts reclassified from AOCL
	Six Months Ended June 30
Component item	2013		2012
Amortization of defined pension items:
Prior service cost	$	8,735	$	8,735
Net loss		331,768		246,195
Total	$	340,503	$	254,930

Note 5 – ACCUMULATED OTHER COMPREHENSIVE LOSS (Continued)

A summary of the changes in Accumulated other comprehensive loss (“AOCL”) by component item is as follows:



	Three Months Ended June 30, 2013
Defined benefit pension items:	Prior Service Cost		Net Loss		Total
Balance at beginning of period	$	(30,569)	$	(2,221,289)	$	(2,251,858)
Amounts reclassified from AOCL		4,368		165,884		170,252
Balance at end of period	$	(26,201)	$	(2,055,405)	$	(2,081,606)

	Three Months Ended June 30, 2012
Defined benefit pension items:	Prior Service Cost		Net Loss		Total
Balance at beginning of period	$	(48,038)	$	(2,267,494)	$	(2,315,532)
Amounts reclassified from AOCL		4,368		123,097		127,465
Balance at end of period	$	(43,670)	$	(2,144,397)	$	(2,188,067)

	Six Months Ended June 30, 2013
Defined benefit pension items:	Prior Service Cost		Net Loss		Total
Balance at beginning of period	$	(34,936)	$	(2,387,173)	$	(2,422,109)
Amounts reclassified from AOCL		8,735		331,768		340,503
Balance at end of period	$	(26,201)	$	(2,055,405)	$	(2,081,606)

	Six Months Ended June 30, 2012
Defined benefit pension items:	Prior Service Cost		Net Loss		Total
Balance at beginning of period	$	(52,405)	$	(2,390,592)	$	(2,442,997)
Amounts reclassified from AOCL		8,735		246,195		254,930
Balance at end of period	$	(43,670)	$	(2,144,397)	$	(2,188,067)