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Accumulated Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 31, 2014
Text Block [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Income (Loss)
The following tables present changes in the accumulated balances for each component of other comprehensive income, including current period other comprehensive income and reclassifications out of accumulated other comprehensive income:
 
 
Foreign
Currency
Translation
Adjustments
 
(Losses) Gains on
Derivatives
Qualifying as
Hedges
 
Pension and
Postretirement
Liability
Adjustment
 
Total
(DOLLARS IN THOUSANDS)
 
 
 
 
 
 
 
Accumulated other comprehensive (loss) income, net of tax, as of December 31, 2013
$
(104,278
)
 
$
(4,012
)
 
$
(284,421
)
 
$
(392,711
)
OCI before reclassifications
(9,396
)
 
(361
)
 
—

 
(9,757
)
Amounts reclassified from AOCI
—

 
821

 
4,365

 
5,186

Net current period other comprehensive income (loss)
(9,396
)
 
460

 
4,365

 
(4,571
)
Accumulated other comprehensive (loss) income, net of tax, as of March 31, 2014
$
(113,674
)
 
$
(3,552
)
 
$
(280,056
)
 
$
(397,282
)
 
 
Foreign
Currency
Translation
Adjustments
 
(Losses) Gains on
Derivatives
Qualifying as
Hedges
 
Pension and
Postretirement
Liability
Adjustment
 
Total
(DOLLARS IN THOUSANDS)
 
 
 
 
 
 
 
Accumulated other comprehensive (loss) income, net of tax, as of December 31, 2012
$
(93,722
)
 
$
(218
)
 
$
(309,685
)
 
$
(403,625
)
OCI before reclassifications
226

 
1,370

 
—

 
1,596

Amounts reclassified from AOCI
—

 
(1,498
)
 
5,132

 
3,634

Net current period other comprehensive income (loss)
226

 
(128
)
 
5,132

 
5,230

Accumulated other comprehensive (loss) income, net of tax, as of March 31, 2013
$
(93,496
)
 
$
(346
)
 
$
(304,553
)
 
$
(398,395
)
Reclassifications of Accumulated Other Comprehensive Income to Consolidated Statement of Comprehensive Income
The following table provides details about reclassifications out of accumulated other comprehensive income to the Consolidated Statement of Comprehensive Income:
 
 
Three Months Ended March 31, 2014
 
Three Months Ended March 31, 2013
 
Affected Line Item in the
Consolidated Statement
of Comprehensive  Income
(DOLLARS IN THOUSANDS)
 
 
 
 
 
(Losses) gains on derivatives qualifying as hedges
 
 
 
 
 
Cross currency swap
$
—

 
$
(215
)
 
Other (income) expense, net
Foreign currency contracts
(1,038
)
 
2,363

 
Cost of goods sold
Interest rate swaps
(69
)
 
—

 
Interest expense
 
286

 
(650
)
 
Provision for income taxes
 
$
(821
)
 
$
1,498

 
Total, net of income taxes
(Losses) gains on pension and postretirement liability adjustments
 
 
 
 
 
Settlements / Curtailments
$
—

 
$
(40
)
 
(a) 
Prior service cost
1,111

 
1,098

 
(a) 
Actuarial losses
(7,343
)
 
(8,672
)
 
(a) 
 
1,867

 
2,482

 
Provision for income taxes
 
$
(4,365
)
 
$
(5,132
)
 
Total, net of income taxes
 
(a)
The amortization of prior service cost and actuarial loss is included in the computation of net periodic benefit cost. Refer to Note 13 of our 2013 Form 10-K for additional information regarding net periodic benefit cost.