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 Sept. 30
Component item	2014		2013
Amortization of defined benefit pension items:
Prior service cost	$	4,366	$	4,367
Net loss		-		165,884
Total	$	4,366	$	170,251

	Amounts reclassified from AOCL
	Nine Months Ended Sept. 30
Component item	2014		2013
Amortization of defined benefit pension items:
Prior service cost	$	13,100	$	13,102
Net loss		-		497,652
Total	$	13,100	$	510,754

Note 5 – ACCUMULATED OTHER COMPREHENSIVE LOSS (Continued)

A summary of the changes in AOCL by component item is as follows:



	Three Months Ended September 30, 2014
Defined benefit pension items:	Prior Service Cost		Net Loss		Total
Balance at beginning of period	$	(8,733)	$	(844,444)	$	(853,177)
Amounts reclassified from AOCL		4,366		-		4,366
Balance at end of period	$	(4,367)	$	(844,444)	$	(848,811)

	Three Months Ended September 30, 2013
Defined benefit pension items:	Prior Service Cost		Net Loss		Total
Balance at beginning of period	$	(26,201)	$	(2,055,405)	$	(2,081,606)
Amounts reclassified from AOCL		4,367		165,884		170,251
Balance at end of period	$	(21,834)	$	(1,889,521)	$	(1,911,355)

	Nine Months Ended September 30, 2014
Defined benefit pension items:	Prior Service Cost		Net Loss		Total
Balance at beginning of period	$	(17,467)	$	(844,444)	$	(861,911)
Amounts reclassified from AOCL		13,100		-		13,100
Balance at end of period	$	(4,367)	$	(844,444)	$	(848,811)

	Nine Months Ended September 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		13,102		497,652		510,754
Balance at end of period	$	(21,834)	$	(1,889,521)	$	(1,911,355)