Note 11. 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, 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, net of tax, as of March 31, 2013	$	(93,496	)	$	(346	)	$	(304,553	)	$	(398,395	)


	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, 2011	$	(111,410	)	$	4,237		$	(268,137	)	$	(375,310	)
OCI before reclassifications		28,649			(1,658	)		—			26,991
Amounts reclassified from AOCI		—			954			4,421			5,375

Net current period other comprehensive income (loss)		28,649			(704	)		4,421			32,366

Accumulated other comprehensive (loss) income, net of tax, as of March 31, 2012	$	(82,761	)	$	3,533		$	(263,716	)	$	(342,944	)

The following table provides details about reclassifications out of accumulated other comprehensive income to the Statement of Income and Comprehensive Income:


	Three Months Ended March 31, 2013			Three Months Ended March 31, 2012			Affected Line Item in the Consolidated Statement of Comprehensive Income
(DOLLARS IN THOUSANDS)
(Losses) gains on derivatives qualifying as hedges
Cross currency swap	$	(215	)	$	(727	)	Other income, net
Forward currency contract		2,363			(313	)	Cost of goods sold
		(650	)		86		Provision for income taxes

	$	1,498		$	(954	)	Total, net of income taxes


(Losses) gains on pension and postretirement liability adjustments
Settlements / Curtailments	$	(40	)	$	(456	)	^(a)
Prior service cost		1,098			1,053		^(a)
Actuarial losses		(8,672	)		(7,219	)	^(a)
		2,482			2,201		Provision for income taxes

	$	(5,132	)	$	(4,421	)	Total, net of income taxes

^(a)	The amortization of prior service cost and actuarial loss in included in the computation of net periodic benefit cost. Refer to Note 9 to the Consolidated Financial Statements - Employee Benefits for additional information regarding net periodic benefit cost.